• Open

    Unlimited Bond Purchase Definition
    Unlimited bond purchase programs involve open-ended commitments by central banks to purchase distressed government debt.  ( 19 min )
    Seed Stock Definition
    A seed stock is any stock which represents a company that develops and produces seeds for planting crops.  ( 19 min )
    Put Swaption
    A put swaption is a position on an interest rate swap that allows an entity to pay a fixed rate of interest and receive a floating rate of interest.  ( 18 min )
    Factory Orders: Overview
    Factory orders are economic indicators of the dollar value for durable and non-durable goods.  ( 18 min )
    How Does Implied Volatility Impact Options Pricing?
    As implied volatility increases, call and put option prices go up. When implied volatility decreases, option prices go down.  ( 23 min )
    Bad Bunny’s Net Worth—Here’s How the Reggaeton Superstar Earns Millions
    Puerto Rican rapper Bad Bunny had a net worth of $88 million as of 2022 and has earned millions from his record-breaking tours, and lucrative endorsements with brands like Adidas, Cheetos, and Pepsi.  ( 19 min )
    Accelerated Amortization Definition
    Accelerated amortization occurs when a borrower makes extra payments toward their mortgage principal, speeding up the settlement of their debt.  ( 19 min )
    Betterment vs. Vanguard Personal Advisor Services: Which Is Best for You?
    Two solid options. The right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.  ( 27 min )
    Schedule II Bank Definition
    A Schedule II bank is a subsidiary of a foreign bank that is authorized to accept deposits within Canada and is regulated by the federal Bank Act.  ( 19 min )
    Top Gold ETFs for 2023
    iShares Gold Trust Micro offers the lowest fees, Invesco DB Precious Metals Fund has the best return, and SPDR Gold Trust is the most liquid.  ( 19 min )
    Top S&P 500 ETFs
    iShares Core S&P 500, Vanguard S&P 500, and SPDR Portfolio S&P 500 are tied for lowest fees, while SPDR S&P 500 is the most liquid.  ( 21 min )
    Bank Fees Definition and Different Types
    Bank fees are nominal fees for a variety of account set-up and maintenance, and minor transactional services for retail and business customers.  ( 22 min )
    Are Certificates of Deposit (CDs) Tax Exempt?
    When you earn interest on a certificate of deposit, you must report it as income and pay taxes on it.  ( 22 min )
    Last In, First Out (LIFO) Definition: The Inventory Cost Method Explained
    Last in, first out (LIFO) is a method used to account for inventory that records the most recently produced items as sold first.  ( 24 min )
    Illiquid Option Definition
    An illiquid option is a contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have very low or no open interest.  ( 18 min )
    How to Open a Swiss Bank Account & Advantages in Having One
    Surprisingly, opening a Swiss bank account is not that much different from opening a standard bank account.  ( 21 min )
    What Is a Condominium? How Condos Work Compared to Apartments
    Condominiums are housing units in a large property complex that are sold to buyers. While apartments are generally rented, condos are owned. Learn more.  ( 24 min )
    Employee Stock Purchase Plan (ESPP): What It Is, How It Works
    An employee stock purchase plan (ESPP) is a company-run program in which participating employees can buy company shares at a discounted price. Learn how it works.  ( 22 min )
    Annual Equivalent Rate (AER): Definition, Formula, Examples
    The annual equivalent rate (AER) is the interest rate for a savings account or investment product that has more than one compounding period.  ( 23 min )
    With Approved Credit (WAC) Defined
    A with approved credit statement is a qualifier used in advertisements that protects the advertiser against accusations of misleading customers.  ( 18 min )
    Hard Money vs. Soft Money: What's the Difference?
    Hard money and soft money are terms often used to describe currency and also refer to political contributions in the United States.  ( 24 min )
  • Open

    How attitudes toward the economy have shifted in 3 major ways
    The Fed is moving away from emergency-mode. This bodes well for financial markets if it means efforts to further tighten financial conditions are coming to an end.  ( 13 min )
    SVB agrees to sell its investment banking division
    The bidder group led by Leerink, who is chief executive of SVB Securities, will acquire the investment banking business for a combination of cash, repayment of an intercompany note, and a 5% equity instrument, the company said. The deal comes after the Federal Deposit Insurance Corporation (FDIC) took over Silicon Valley Bank in March after depositors rushed to pull out their money in a bank run that wiped out more than half the market value of several U.S. regional lenders and triggered the worst banking crisis since 2008.  ( 7 min )
    World’s No. 2 Gold Miner Is Trying to Get Bigger in Copper
    (Bloomberg) -- For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo OrderNYC Air Quality Improves to Moderate Rating From ‘Unhealthy’The world’s second-largest bullion p  ( 9 min )
    TipRanks ‘Perfect 10’ List: There’s an Opportunity Brewing in These 3 Top-Rated Stocks
    There are thousands of publicly traded companies on Wall Street’s stock exchanges, tens of thousands of investors buying and selling practically every hour, and more thousands of professional stock analysts watching every detail of these transactions. It’s enough raw data that even Mr. Spock would have trouble calculating the odds in his head. Spock would turn to the Enterprise computer, which we haven’t got – but we do have the Smart Score, a sophisticated data parsing and collation tool, power  ( 12 min )
    You Could Boost Your 401(k) By 8% Right Now. Here's How
    If you've looked at the investment options in your workplace 401(k) retirement plan, chances are you'll see mutual funds that put your money into stocks, bonds or cash and cash equivalents. Those have been the options available ever since 401(k) … Continue reading → The post Here's One Easy Way to Boost Your 401(k) By 8% appeared first on SmartAsset Blog.  ( 8 min )
    Powell speaks, FedEx reports: What to know this week
    Semi-annual testimony from Fed Chair Jay Powell and earnings from FedEx will be the highlight for investors in a holiday-shortened week ahead as the market rally continued last week as the end of the second quarter approaches.  ( 10 min )
    Will I Earn Enough Interest on $2 Million to Retire Off Of?
    For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.  ( 11 min )
    Do You & Your Spouse Have More in Retirement Savings Than The Average American Couple?
    A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 8 min )
    An $50,000 Annuity Will Score You This Much Monthly
    Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here's how much you'd get per month if you … Continue reading → The post How Much Does a $50,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 8 min )
    Want to Retire at 55 with $5 Million? This Is What Your Lifestyle Will Be Like
    Let's say you want to retire early, at age 55. Is $5 million enough to achieve your goal? While the cost of living varies from place to place, a nest egg this size would likely give more than enough money for … Continue reading → The post Is $5 Million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 8 min )
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
    If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Legally Avoid Paying Taxes on a Used Car?
    Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know there are … Continue reading → The post How to Legally Avoid Paying Sales Tax on a Used Car appeared first on SmartAsset Blog.  ( 9 min )
    How Can I Switch a Social Security Benefit to a Spousal Benefit?
    Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you're married and hope to qualify for spousal benefits. If you're already taking Social … Continue reading → The post Rules for Switching Social Security Benefits appeared first on SmartAsset Blog.  ( 9 min )
    Stock Market’s Gains Hinge on Timing of Fed’s ‘Pause’ or ‘Skip’
    (Bloomberg) -- The Federal Reserve’s decision to stop its interest-rate hikes, at least temporarily, is a break for consumers who’ve watched everything from their credit cards to mortgages get more expensive. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo Order  ( 9 min )
    An Unexpected Recovery Sweeps World’s Riskiest Sovereign Bonds
    (Bloomberg) -- The world’s riskiest sovereign bonds are having a moment as Wall Street investors seek out high yields from countries showing early signs of market-friendly pivots.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo OrderEric Schmidt Buys Abandoned Al  ( 8 min )
    Top S&P 500 ETFs
    iShares Core S&P 500, Vanguard S&P 500, and SPDR Portfolio S&P 500 are tied for lowest fees, while SPDR S&P 500 is the most liquid.  ( 21 min )
    Regional banks' stocks are rallying. Profits aren’t.
    Many lenders are revising down their estimates of a key measure of profitability as they pay more to bring in deposits.  ( 10 min )
    Will the US Treasury yield curve invert further?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Analysis-Argentina faces crunch IMF talks to defuse looming debt bomb
    Argentina and the International Monetary Fund (IMF) have a $44 billion dilemma, with the two sides set to meet for crunch talks to revamp the country's huge, wobbling debt deal, key to avoiding default on billions in looming debt payments. But with net foreign currency reserves estimated to be in negative territory, hit by a major drought that sunk the key soy and corn harvests, Argentina is at risk again of missing debt repayments, with $2.7 billion due to the fund this month alone. Economy Minister Sergio Massa is expected in Washington as early as this week to try to unlock talks to accelerate IMF disbursements and ease economic targets attached to the deal, with investors and traders watching closely.  ( 7 min )
    Boeing Stock Usually Wins From the Paris Air Show. This Is the Catch.
    The biannual 2023 Paris Air Show starts Tuesday and runs through June 25. It's the first since 2019 after a Covid-related cancellation in 2021.  ( 22 min )
    Jerome Powell in Capitol Hill Spotlight After Fed Pauses
    (Bloomberg) -- Jerome Powell will be in the Capitol Hill spotlight a week after the Federal Reserve paused its most aggressive tightening campaign in decades, with investors watching for clues on whether central bankers are indeed leaning toward further interest-rate hikes.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment  ( 10 min )
    Jack Ma shows up at Alibaba maths competition in Hangzhou after Tokyo seminar to chat with finalists
    Jack Ma, the billionaire founder of Alibaba Group Holding, made a rare public appearance on Saturday in the eastern Chinese city of Hangzhou to chat with the finalists of an annual global mathematics competition organised by the company's in-house research unit. According to a statement from the e-commerce giant's Damo Academy, Ma discussed the "understanding of mathematics" with finalists of the 2023 Alibaba Global Mathematics Competition. This marks the second time that the 58-year-old entrepr  ( 8 min )
    Intel to invest $25 billion in Israel factory in record deal, Netanyahu says
    Intel Corp will build a new factory in Israel worth $25 billion, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country. The factory in Kiryat Gat is due to open in 2027 and will employ thousands of people, Israel's Finance Ministry said, adding that under the deal Intel will pay up a 7.5% tax rate, up from the current 5%. There was no immediate comment from Intel in Israel.  ( 6 min )
    Boomers Got Hooked on Stocks. Now They Can’t Let Go.
    Nearly two-thirds of U.S. adults age 65 and older have money in stocks.  ( 27 min )
    Billionaire bungalow tycoon ‘Bob the Builder’ in bankruptcy row
    A billionaire bungalow tycoon has been plunged into a bankruptcy row amid allegations of a trail of unpaid debts.  ( 7 min )
    Lots of Hiring, but Not So Much Working
    Companies are resisting layoffs even as economic weakness looms.  ( 29 min )
    Shell chief sets ‘ruthless’ new course to catch up with US rivals
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Hong Kong’s $1.9 Trillion Stocks Await Boost From Yuan Trading
    (Bloomberg) -- Hong Kong is betting that a new program allowing investors to trade equities in the yuan on top of its local currency will help revive its flagging stock market and boost turnover that’s hovering at a four-year low.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAfrica’s Richest Ci  ( 8 min )
  • Open

    Snoeiharde maatregelen nodig om duikvlucht Turkse lira te stoppen
    De Turkse lira is na de verkiezingen in een vrije val geraakt. De munt is maar liefst 20 procent van zijn waarde verloren ten opzichte van de euro. Hoe diep kan de lira nog zakken? En welke koers gaat de Turkse centrale bank varen?  ( 5 min )
    Intel bouwt nieuwe chipfabriek in Israël voor 23 miljard euro
    Het Amerikaanse chipconcern Intel gaat voor 25 miljard dollar (22,8 miljard euro) een nieuwe fabriek bouwen in Israël. Dat zei de Israëlische premier Benjamin Netanyahu zondag. Volgens hem gaat het om de grootste internationale bedrijfsinvestering ooit in Israël.  ( 3 min )
    NU+ | Shell bouwt olie- en gasproductie niet af ondanks groene beloftes
    Ondanks maatschappelijke druk op Shell om te vergroenen, liet de CEO van het bedrijf afgelopen week weten dat de olieproductie niet verder omlaaggaat. Het bedrijf zegt voor te lopen op de doelen om uitstoot te verlagen. Maar Amerikaanse aandeelhouders drukken ook hun stempel.  ( 5 min )
    NU+ | Waarom Shell de olie- en gasproductie niet afbouwt ondanks groene beloftes
    Ondanks maatschappelijke druk op Shell om te vergroenen, liet de CEO van het bedrijf afgelopen week weten dat de olieproductie niet verder omlaaggaat. Het bedrijf zegt voor te lopen op de doelen om uitstoot te verlagen. Maar Amerikaanse aandeelhouders drukken ook hun stempel.  ( 5 min )
    Topman TotalEnergies: Kritiek over 'greenwashing' oneerlijk
    De topman van het Franse olie- en gasconcern TotalEnergies vindt de kritiek van klimaatactivisten dat het bedrijf aan 'greenwashing' zou doen oneerlijk. Volgens Patrick Pouyanné steekt TotalEnergies juist veel geld in duurzame energiebronnen en onder meer de aanleg van laadpalen voor elektrische auto's.  ( 3 min )
    Duitse industrie denkt niet dat economie in het land gaat groeien
    De Duitse economie zal dit jaar niet groeien. Die verwachting heeft de Duitse industrievereniging BDI uitgesproken in de krant Frankfurter Allgemeine Zeitung.  ( 2 min )
    Boeing verwacht verdubbeling van aantal vliegtuigen in komende twintig jaar
    Boeing verwacht dat het aantal vliegtuigen in de lucht de komende twintig jaar verdubbelt. Dat meldt de Amerikaanse vliegtuigbouwer aan de vooravond van het Internationale Lucht- en Ruimtevaartsalon (SIAE) in het Franse Le Bourget.  ( 3 min )
    Kabinet grijpt niet in bij dure boodschappen ondanks Frans voorbeeld
    Het kabinet is niet van plan om het voorbeeld te volgen van nabijgelegen landen die iets aan de hoge prijzen van boodschappen proberen te doen. Zo heeft Frankrijk maatregelen aangekondigd en wil de Belgische minister van Economie fabrikanten dwingen hun prijzen te temperen.  ( 6 min )

  • Open

    Odious Debt Definition
    Odious debt is money that a new government does not want to repay on the grounds of the previous borrowing government's alleged bad actions.  ( 21 min )
    What Is a Journal in Accounting, Investing, and Trading?
    A journal is a detailed record of the financial transactions of a business, designed to be used to reconcile all of the business' accounting records.  ( 23 min )
    How to Trade Options: Buying or Selling Calls and Puts
    Options trading sounds complicated until you know these four basic moves. Learn how to trade options here.  ( 24 min )
    Preparing for Retirement as an LGBTQ+ Person
    Learn about LGBTQ+ retirement challenges and remedies, including higher poverty rates, a savings shortfall, the need to plan, and available resources.  ( 26 min )
    Laddering: Meaning, Overview, Examples, FAQ
    In finance, the term laddering is used in a variety of ways depending on the industry. A common usage relates to bond ladders for retirement income.  ( 23 min )
    How to Buy Gold Bars
    Discover how to buy gold bars and evaluate your purchase's purity, form, size, and authenticity.  ( 24 min )
    Angel Investor Definition and How It Works
    An angel investor provides seed money for early-stage startups, usually in exchange for ownership equity if the idea takes off.  ( 24 min )
    Binance Ordered to Repatriate US Assets, Avoiding Full Asset Freeze
    The Securities and Exchange Commission has secured an emergency action to protect the assets of Binance's U.S. customers.  ( 17 min )
    Should You Buy a House at Auction?
    Real estate auctions bring real estate buying opportunities to many informed house hunters. Learn more about this market.  ( 26 min )
    Family LLC Examples in Estate Planning
    Family limited liability (LLC) companies are useful tools in the United States. They are used to protect family assets and engage in estate planning.  ( 18 min )
    Top 6 Most Tradable Currency Pairs
    The forex market is the largest, most volatile financial market in the world. Before you jump in, you'll want to know the currency pairs that trade the most often.  ( 22 min )
    CPFXX, SPAXX, VMFXX: Top Government Money Market Funds
    Discover three of the most popular government money market funds well suited for investors seeking capital preservation and minimal risk.  ( 19 min )
    Should I Sell Stocks to Buy CDs Right Now?
    CD are offering exciting rates at over 5%, but does that doesn't mean you sell your stocks to jump into CDs. Advisors caution investors to stick to their long-term financial plans.  ( 19 min )
    What Does Impairment Mean in Accounting? With Examples
    An impairment in accounting is a permanent reduction in the value of an asset to less than its carrying value.  ( 27 min )
    GBP/USD (British Pound/U.S. Dollar): Definition and Calculation
    GBP/USD is short for the British pound and U.S. dollar currency pair, or cross, showing how many U.S. dollars (the quote currency) are needed to buy one British pound (the base currency).  ( 22 min )
    Here's What Advice Financial Pros Have Regarding CDs
    CDs have attracted attention after an era of low interest rates, but financial advisors said they still warrant thoughtful consideration depending on clients' profiles.  ( 16 min )
    What Is the Best CD Term Right Now?
    The best CD term right now might be the one with the highest rate of 5.65%, but if you really want to maximize returns, a slightly lower rate on a longer term will be better.  ( 17 min )
    Google Could Owe You Money—Here’s How to Get It
    If you’ve used Google’s search engine and clicked on a link at any time between October 2006 and September 2013, you may be eligible for a small portion of a $23 million settlement.  ( 17 min )
    Account Statement: Definition, Uses, and Examples
    An account statement is a periodic summary of account activity with a beginning date and an ending date.  ( 22 min )
    How to Write a Check in 5 Easy Steps
    For those of you who are new to check writing, here is a step-by-step guide on how to fill one out.  ( 25 min )
    Extended Normal Costing Definition
    Extended normal costing is a method of tracking production costs that uses a budgeted estimate for overhead costs rather than real expenditures.  ( 18 min )
    How to Calculate an Exchange Rate
    An exchange rate is how much is costs to change one country's currency for another. Rates can vary based on a number of factors. Here's what you need to know.  ( 24 min )
    Diffusion of Innovations Theory: Definition and Examples
    The diffusion of innovations theory is a hypothesis outlining how new technological and other advancements spread throughout societies and cultures.  ( 22 min )
    Guide to Hiring a Financial Counselor
    Financial counselors help individuals and families budget, pay off debt, manage credit, set financial goals, and improve their financial health.  ( 23 min )
    If a Stop-Limit Is Reached, Will It Always Sell?
    If a stop-limit order is established, find out if it is guaranteed to be executed even when the market is dropping fast. See why the trade may be held up.  ( 19 min )
  • Open

    This Simple but Effective Fund Is 2023’s Most Popular ETF
    One ETF has taken in more money than all others so far in 2023, with a massive $11.3 billion in inflows as of June 6th, according to FactSet. But it’s not a hot new AI fund or an ETF capitalizing on other en-vogue tech trends, although it will give you some exposure to them. Instead, it’s arguably one of the most boring, vanilla ETFs out there, but this doesn’t mean it can’t help you to grow your portfolio. It’s the Vanguard S&P 500 ETF (NYSEARCA:VOO). In fact, whether you are just beginning you  ( 9 min )
    Cathie Wood Sold More Tesla Stock. She Might Not Be Done.
    Cathie Wood's ARK Invest Innovation ETF disclosed more sales of Tesla stock on Friday evening.  ( 22 min )
    The S&P 500 has entered a bull market, but will it last? Here's what 5 Wall Street experts are saying about the stock market's big rally.
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    Bond Bulls Shred 2023 Playbook After Favorite Trade Backfires
    (Bloomberg) -- Bond investors are having to regroup after this week’s Federal Reserve meeting dealt a crippling blow to a strategy that many on Wall Street had banked on at the start of the year.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo  ( 8 min )
    Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
    (Bloomberg) -- America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned that a rate cut is still a couple of years away. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAfrica’s Richest City Is Crumbling Under Chaos and Corruption  ( 9 min )
    There's one big reason why housing inventory is so tight right now
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    The Fed just held interest rates and signaled future hikes at the same time – a move that baffled many. Here's how Larry Summers, Mohamed El-Erian, and others have reacted.
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    Binance Ordered to Repatriate US Assets, Avoiding Full Asset Freeze
    The Securities and Exchange Commission has secured an emergency action to protect the assets of Binance's U.S. customers.  ( 18 min )
    Grid asks factories to use less energy next winter under blackout prevention plan
    The National Grid will ask factories and businesses to voluntarily cut their electricity usage this winter under an expansion of a service previously pioneered by households.  ( 6 min )
    Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
    "Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling," the Goldman strategists wrote in the note dated on Friday, according to the Bloomberg report. Markets are ignoring the potential for "delayed-onset inflation" in sectors such as healthcare, the strategists wrote, Bloomberg reported.  ( 7 min )
    UPS Workers Could Strike This Summer. What to Know.
    United Parcel Service’s largest labor union is ready to play hardball.  ( 22 min )
    Crypto Exchange Binance.US Avoids Broad Asset Freeze
    The exchange agrees to keep assets in the country and under Binance.US executives’ control.  ( 29 min )
    Should I Sell Stocks to Buy CDs Right Now?
    CD are offering exciting rates at over 5%, but does that doesn't mean you sell your stocks to jump into CDs. Advisors caution investors to stick to their long-term financial plans.  ( 19 min )
    Farmers Worry $8.2 Billion Agriculture Deal Will Diminish Competition
    Consumer advocates say Bunge’s agreement to buy Viterra could drive up prices, while Bunge says the companies don’t overlap  ( 28 min )
    Wall Street Rally Wipes Away a Year of Fed-Induced Losses
    (Bloomberg) -- Investors have just turned back the clock on the Fed’s tightening campaign and cast aside the Fed fears that ruled them for 15 months.Most Read from BloombergEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionAfrica’s Richest City Is Crumbling Under Chaos and CorruptionSingapore Airlines Tumbles After Morgan Stanley Slashes RatingCrispin Odey’s One-Week Downfall Was Decades in the MakingMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinThe S&P 500 index capp  ( 9 min )
    This is How Much You Should Have in Your 401(k) by 50
    Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 10 min )
    Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market?
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    Vanguard vs. Fidelity vs. Schwab: Which Is Best For Me?
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 11 min )
    How Can I Tell If My Certificates of Deposit (CDs) FDIC-Insured?
    Certificates of deposit (CDs) offer a great, more structured way to save. CDs have specific time terms that typically vary from a few months to a decade. After you make your initial deposit, you can't access your funds until the … Continue reading → The post Are Certificates of Deposit (CDs) FDIC-Insured? appeared first on SmartAsset Blog.  ( 8 min )
    Buy, Borrow, Die: How the Rich Avoid Taxes (& You Can, too)
    Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.  ( 10 min )
    How Much Cash Can I Get From a $200,000 Annuity?
    An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 8 min )
    Defaults raise alarm over stability of San Francisco’s commercial property
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
    I've been debating whether to pay off my mortgage. I've refinanced at 2.375% and can get a certificate of deposit (CD) for a year at 4%. I was adding to my mortgage payment by about $1,000 a month to pay … Continue reading → The post Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years. appeared first on SmartAsset Blog.  ( 9 min )
    Rich Americans are fooling themselves about their retirement readiness
    About one-third (34%) of American households say they’re at risk of not being able to replace their working income in retirement.  ( 9 min )
    6 Smart Ways to Turn $20,000 Into Steady Passive Income, ASAP
    If you're looking to receive passive income with your investments, there are many ways to do it. While your best choice will depend on certain factors, such as your age and risk tolerance, there are many ways to invest $20,000. … Continue reading → The post How to Invest $20,000 for Passive Income appeared first on SmartAsset Blog.  ( 8 min )
    Microsoft Looks to the Stars While Doing Activision Duty
    Microsoft, with its Activision Blizzard deal still uncertain, is advancing its cloud-centric subscription-based business model with a slate of coming Xbox videogames including “Starfield.”  ( 28 min )
    84% of Retirees Are Making This RMD Mistake
    Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 9 min )
    Boeing, CyberArk Lead 5 Stocks Near Buy Points
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    Here's What Advice Financial Pros Have Regarding CDs
    CDs have attracted attention after an era of low interest rates, but financial advisors said they still warrant thoughtful consideration depending on clients' profiles.  ( 18 min )
    What Is the Best CD Term Right Now?
    The best CD term right now might be the one with the highest rate of 5.65%, but if you really want to maximize returns, a slightly lower rate on a longer term will be better.  ( 18 min )
    More Workers Plan to Retire on Less Money by Claiming Social Security Early
    Hammered by inflation, recession fears and doubts about the future of Social Security, an increasing number of working Americans say they plan to claim their Social Security benefits early while staying on the job. Here are the factors driving this … Continue reading → The post More Workers Plan to Retire on Less Money by Claiming Social Security Early appeared first on SmartAsset Blog.  ( 8 min )
    Google Could Owe You Money—Here’s How to Get It
    If you’ve used Google’s search engine and clicked on a link at any time between October 2006 and September 2013, you may be eligible for a small portion of a $23 million settlement.  ( 19 min )
    Red tape means it takes us three years to open a restaurant, says McDonald’s chief
    McDonald’s’ British expansion plans are being scuppered by bureaucracy and planning red tape, the boss of the fast food chain has said.  ( 10 min )
    'Prospects for UBS are better than ever' - CEO Ermotti
    UBS's Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the Swiss bank's historic takeover of former rival Credit Suisse. "The prospects for UBS are better than ever," Sergio Ermotti wrote in an opinion piece published in the Swiss paper Tages-Anzeiger. Ermotti, who returned to the bank as Chief Executive in a surprise move shortly after the government orchestrated rescue of Credit Suisse was announced, addressed public concern over the size of the combined bank.  ( 7 min )
    China's booming one-man bookstore on WeChat shows how Tencent is taking on ByteDance in live-streaming e-commerce
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    When SVB and First Republic Collapsed, So Did Their Employees’ Investments
    Workers at the failed California banks plowed their money into company stock.  ( 30 min )
    Taiwan says will it keep talking to US on forex policies
    Taiwan's central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will keep talking with them about foreign exchange policies, after the United States kept the island on a monitoring list. Treasury said on Friday it found that no major U.S. trading partners had manipulated their currencies for an export advantage and ended "enhanced analysis" for Switzerland after the country met only one of three manipulation criteria. In its semi-annual currency report, the department said Switzerland remains on a "monitoring list" for close attention to foreign exchange and economic policies, along with six other trading partners: China, Taiwan, South Korea, Germany, Malaysia and Singapore.  ( 6 min )
    The World’s Most Feared Investor Faces Showdown Over Nickel
    (Bloomberg) -- A decade ago, Paul Singer did battle with the government of Argentina — and won. Next week, the notoriously pugnacious hedge fund boss is taking on a bastion of the City of London, the 146-year-old London Metal Exchange.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionSingapore Airlines Tumbles After Morgan Stanley Slashes RatingMichael Jordan to Sell $3 Billion Hornets Stake to P  ( 9 min )
    Goldman Says Markets Too Optimistic on Pace of US Inflation Drop
    (Bloomberg) -- Inflation in the US won’t come down as quickly as markets are currently pricing, according to strategists at Goldman Sachs Group Inc.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionSingapore Airlines Tumbles After Morgan Stanley Slashes RatingMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinPutin Says Russia Put First Nuclear Weapons in BelarusInvestors could be assuming  ( 7 min )
    Binance, SEC strike deal to keep US customer assets in country
    (Reuters) -Binance, the world's biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. To make certain that U.S. customer assets do not go offshore, the agreement allows only Binance.US employees access to these assets. The SEC on June 5 sued Binance, its CEO and founder Changpeng Zhao and Binance.US's operator, alleging that Binance artificially inflated its trading volumes, diverted customer funds, failed to restrict U.S. customers from its platform and misled investors about its market surveillance controls.  ( 7 min )
    Judge Signs Off on Binance, SEC Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore in Lieu of Restraining Order
    Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday.  ( 7 min )
    A China-based bank that's trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
    The New Development Bank is having difficulty accessing dollars, and has largely stopped lending, the Wall Street Journal reported.  ( 7 min )
    Global Tax Mess Awaits U.S. Companies, and Congress Isn’t Helping
    The consequences of an international minimum-tax agreement are about to be felt.  ( 28 min )
    How Kroger expanded margins when growth was hard to come by
    Kroger management reaffirmed the “low end” of 1-2% identical sales growth guidance. The post How Kroger expanded margins when growth was hard to come by appeared first on FreightWaves.  ( 9 min )
    Tiger Cool Express ceases operations amid financial troubles
    New details have emerged about Tiger Cool Express’ financial health leading up to the company’s abrupt closure on Tuesday. The post Tiger Cool Express ceases operations amid financial troubles appeared first on FreightWaves.  ( 9 min )
    ETF Fund Flows as of June 16, 2023
    Here are the daily ETF fund flows for June 12, 2023.  ( 5 min )
    Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker's blockbuster earnings report, Morgan Stanley says
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    'Big Short' investor Steve Eisman looks beyond tech and is making a big bet on infrastructure
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  • Open

    Duitse industrie verwacht niet dat economie in het land gaat groeien
    De Duitse economie zal dit jaar niet groeien. Die verwachting heeft de Duitse industrievereniging BDI uitgesproken in de krant Frankfurter Allgemeine Zeitung.  ( 2 min )
    Grote staking dreigt bij pakketbezorger UPS in Verenigde Staten
    Bij pakketbezorger UPS dreigt een grote staking in de Verenigde Staten. Vakbondsleden onder de bezorgers en medewerkers van sorteer- en distributiecentra stemden volgens vakbond Teamsters vrijwel unaniem in met acties als er voor eind juli geen nieuw loonakkoord is.  ( 3 min )
    NU+ | Wat doet en verdient een piekbelaster nu?
    Piekbelaster is een relatief jong begrip in de boerengeschiedenis van ons land. Twee jaar geleden hadden we er nog nooit van gehoord, nu weet bijna iedereen wat het betekent. Wat een piekbelaster kan krijgen als die zich laat uitkopen, varieert van een paar miljoen euro tot wel meer dan 10 miljoen euro.  ( 4 min )
    Luchtvaartsector wijst op noodzaak meer subsidie voor schonere brandstof
    De luchtvaartbranche wil dat Europese overheden meer belastinggeld steken in het beperken van de CO2-uitstoot van vliegtuigen. Sprekers op een panel voorafgaand aan de Paris Air Show van volgende week waarschuwden vrijdag dat Europa achterop dreigt te raken bij de Verenigde Staten.  ( 4 min )
    Nog duizenden Reddit-groepen in protest tegen beleid, maar zonder effect
    Bijna negenduizend Reddit-fora gingen begin deze week op zwart. Twee dagen was het idee. Om te protesteren tegen plotselinge kosten waarmee onafhankelijke ontwikkelaars vanaf juli worden opgezadeld. Ruim de helft van de fora is vijf dagen later nog steeds dicht. En Reddit-topman Steve Huffman is niet van plan iets te veranderen aan zijn plannen.  ( 5 min )
    Recordaantal bouwplaatsen biedt een kijkje achter de schermen
    Ruim 160 bouwplaatsen zijn zaterdag te bezoeken tijdens de jaarlijkse Dag van de Bouw. Dat zijn er volgens organisator Bouwend Nederland meer dan ooit.  ( 4 min )
    NU+ | Weg met de vaste energiecontracten? 'Ze bieden alleen nepzekerheid'
    Om de energietransitie te versnellen, moeten we meer stroom gebruiken als er veel zonne- en windenergie wordt opgewekt. Daarom moeten we af van vaste energietarieven en overstappen op 'dynamische' stroomprijzen, vindt klimaateconoom Reyer Gerlagh. Andere experts hebben daar bedenkingen bij.  ( 5 min )
  • Open

    Google Could Owe You Money—Here’s How to Get It
    If you’ve used Google’s search engine and clicked on a link at any time between October 2006 and September 2013, you may be eligible for a small portion of a $23 million settlement.  ( 1 min )

  • Open

    T. Rowe Price Launches 5 New Active ETFs
    The funds are all fully transparent, unlike the firm’s previous stock exchange-traded funds.  ( 6 min )
    Stocks Are on a Roll—and They Can Keep Pushing Higher
    The S&P 500 has broken the 4200 level, marking a support if the stock market were to fall. And if that level were to hold, the index could be gearing up to rally again.  ( 22 min )
    A Schwab Wealth Survey Reveals a Paradox
    Nearly half of the respondents averaging $560,000 in net worth said they were wealthy, when including nonfinancial factors like health and family. But when asked about how much money it took to be wealthy in America, they said $2.2 million.  ( 22 min )
    Look Out, Nvidia: Kroger, Lennar, and Others Get Into the AI Act
    Choosing the AI winners might not be as easy as it looks. While Nvidia is an obvious one, others have a lot of catching up to do.  ( 22 min )
    Putin Is Putting OPEC’s Patience To The Test
    Despite maintaining a relationship with OPEC, Russia’s strategy of supplying large amounts of discounted oil in violation of agreed production cuts is straining its ties with the organization.  ( 8 min )
    The housing market has about 40% fewer homes for sale than before the pandemic, and listings keep falling
    Homeowners are staying put as they try to hold on to the lower mortgage rates secured before borrowing costs went up, Redfin said.  ( 7 min )
    Netflix Stock Can Hit $500
    Analysts weigh in on Salesforce, Oracle, Chevron, Netflix, Kohl’s, and Floor & Decor Holdings  ( 22 min )
    Chinese investors will be back once the country's property and debt problems are resolved, Mark Mobius says
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    Nikola cuts 270 jobs as cash to survive runs low
    Nikola Corp. is laying off 270 employees as its cash condition worsens and company founder Trevor Milton takes shots at leadership. The post Nikola cuts 270 jobs as cash to survive runs low appeared first on FreightWaves.  ( 8 min )
    3 REITs That Just Raised Dividends
    Investors are always happy when a company they own increases its dividend. After all, as an income investor, you just received a raise. But the hikes often mean more than just a company being generous. Dividend increases can also be an indication that the company feels its future earnings will be sufficient to cover the increase being given to its shareholders. This is especially true with real estate investment trusts (REITs) that are mandated by law to pay out a minimum of 90% of their taxable  ( 9 min )
    These IBD 50 Growth Stocks Are Coming Back To Life
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    BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One?
    For 10 years, crypto startup after crypto startup has tried its luck with the SEC. Now Wall Street’s heaviest hitter is lending its weight.  ( 7 min )
    Virgin Galactic surges 47% as Richard Branson's space tourism company preps first commercial flight
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    These Bonds Are Cheap—and Yield 5%
    Securities backed by home loans offer attractive income and relatively cheap prices, with some mutual funds and ETFs yielding about 5%.  ( 22 min )
    Move Over, Bud Light. Modelo Especial Is the New Top-Selling Beer.
    Constellation has quietly doubled Modelo Especial sales since 2017, pushing past Corona and finally unseating Bud Light in the past week as America’s favorite beer. Plus, Nasdaq CEO Adena Friedman’s deal to buy Adenza.  ( 22 min )
    How the World’s Most Popular Shopping App Is Quietly Upending Retail
    Controversial China-founded retailer Shein is growing into a global titan. Analysts say that many Western competitors are ignoring the app—at their peril.  ( 50 min )
    2 Reasons the Fed Paused. Don’t Ignore the Politics.
    Economics and politics might have played a role in the Federal Reserve’s decision to forgo an interest-rate hike this month.  ( 22 min )
    Market Rally Strong, But Prep For A Pullback; AMD, Boeing Lead 10 Stocks In Focus
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    Frank founder accused of fraud was dubbed the ‘king of finding magic numbers’ by former employee
    The switch in the company’s public numbers caused a “groundswell of concern” at the startup, according to newly released messages.  ( 9 min )
    Nikola Short Sellers Take a Hit on EV Maker’s Recent Rally
    (Bloomberg) -- Nikola Corp. shares surged this week in a rally that’s eating into paper profits for traders betting against the electric-vehicle maker and setting them up for a short squeeze.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinPutin Says Russia Put First Nuclear Weapons in BelarusA Goldman Partner’s Sexually Explicit Video Le  ( 8 min )
    Defiant Stock Bulls Are Acting Like the Earnings Recession Is a Hoax
    (Bloomberg) -- Another week, another 600 points in the Nasdaq 100. How does this keep happening? It may be that despite the Federal Reserve’s best efforts to drain the economy of vigor, nothing terrible has actually happened to the corporate earnings engine.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionPutin Says Russia Put First Nuclear Weapons in BelarusMichael Jordan to Sell $3 Billion Hor  ( 10 min )
    U.S. Apartment Values 'Will Plunge A Further 20%,' Economists Say, But Wall Street Still Sees Major Upside In These REITs — Be Greedy When Others Are Fearful?
    After falling for seven straight months, the Case-Shiller U.S. National Home Price Index finally showed upticks in February and March. But according to economics research firm Capital Economics, the decline in the housing market is far from over. In their latest report, Capital Economics researchers point out that the increase in home prices in February and March was because of higher demand as a result of declining mortgage rates at the start of this year. But that will prove to be short-lived.  ( 9 min )
    BlackRock’s Bitcoin ETF Would Be a Big Deal
    And it doesn’t really matter if it’s technically a trust.  ( 9 min )
    BlackRock Files For Bitcoin ETF; Coinbase Stock Surges
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    FedEx Stock In Buy Zone Ahead Of Potential Growth-Catalyst Quarter; Olive Garden Parent Also On Deck
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    I Bonds vs. CDs: Which Is the Better Investment Right Now?
    Series I US savings bonds (I bonds) bought before Nov. 1, 2023, pay a guaranteed 4.30% for six months. Or you could open a 6-month CD that pays 5.65%. Which makes the most sense in the long run?  ( 19 min )
    Tesla Stock Gains 27% In June; Musk/Macron Meet Amid U.S.-China Diplomatic Tensions
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    S&P 500 Above 4,400 Leaves No Room for More Gains, Citigroup Says
    (Bloomberg) -- The bull-market rally in US stocks is about to run out of steam, according to Citigroup Inc.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionPutin Says Russia Put First Nuclear Weapons in BelarusA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinStrategists at the bank led by Scott Chronert this week r  ( 8 min )
    How GE Makes Money
    GE generates most of its profit and revenue through its aviation segment.  ( 21 min )
    Stock rally takes breather, but S&P 500, Nasdaq have best week since March: Stock market news today
    US stocks lost steam on Friday after rallying the previous day amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon.  ( 7 min )
    Supertanker rate roller coaster: Surprise spike to $91,000 per day
    The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand. The post Supertanker rate roller coaster: Surprise spike to $91,000 per day appeared first on FreightWaves.  ( 9 min )
    Week’s Best: What Makes a Person Wealthy? Schwab Asked Investors.
    Here’s our weekly roundup of the week’s most-read articles at Barron’s Advisor.  ( 22 min )
    Elon Musk's latest warning to Nvidia
    Nvidia Corp. (NASDAQ:NVDA) recently made headlines for joining the elite "trillion-dollar group" after its market cap briefly crossed $1 trillion during the last week of May. Nvidia is one of only a handful of companies boasting a 13-figure valuation. Some of the most prominent ones include Apple Inc., Amazon.com Inc., Google parent Alphabet Inc. and Microsoft Corp. Some of which have even surpassed $2 trillion in recent months. Nvidia's rise can be attributed to the increased demand for semicon  ( 9 min )
    2 top economists both hate the Fed’s ‘inexplicable’ and ‘crazy’ signaling on rate hikes—but for totally different reasons
    Two top economists agree that inflation is already conquered, and by continuing the big squeeze, the Fed will likely drive the U.S. into an unecessary, and possibly steep, recession.  ( 11 min )
    Florida couple charged with more than $2M in COVID-19 relief fraud
    A southwest Florida couple has been charged with stealing more than $2 million in COVID-19 relief funds and using the money to buy boats, new businesses and other luxury items. Timothy Craig Jolloff, 46, and Lisa Ann Jolloff, 56, made their initial appearances Friday in Fort Myers federal court on charges of conspiracy to commit money laundering and illegal monetary transactions, according to court records. Timothy Jolloff is also charged with one count of wire fraud.  ( 6 min )
    3 REITs With The Highest Returns Over The Past Year
    If you follow income stocks like real estate investment trusts (REITs) on a regular basis, you will undoubtedly hear a lot about the larger and more popular REITs, such as Realty Income Corp. (NYSE: O), WP Carey Inc. (NYSE: WPC), Equinix Inc. (NASDAQ: EQIX), Prologis Inc. (NYSE: PLD) and others. But often, it’s the lesser-known stocks that can produce the best total performance if they have been growing their earnings or dividends. Earnings and dividend growth often drive stock prices higher, re  ( 9 min )
    Soaring Travel Stocks Risk Stalling as Pent-Up Demand Wanes
    (Bloomberg) -- Airline, hotel and cruise stocks have jumped since late May as consumers rush to travel, but the outlook for later this year is murky and higher interest rates may take their toll on the shares. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionAfrica’s Richest City Is Crumbling Under Chaos and CorruptionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Su  ( 8 min )
    Tesla's valuation could soar by another $150 billion thanks to the rise of the robo-taxi, RBC says
    Robo-taxis "could potentially transform society" and account for over 70% of Tesla's future value, analysts said.  ( 7 min )
    A recession is ‘at our doorstep’ but investors are falling for a goldilocks scenario, Wells Fargo says. It ‘isn’t going to end all that well’
    Wells Fargo Investment Institute sees the S&P 500 falling 7% by year-end as corporate earnings sink.  ( 9 min )
    Bud Light Loses Title As Top Beer; Anheuser-Busch Plans To Prop Up Brand
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    The Case for Selling Highflying Tech Stocks Like Nvidia and Microsoft
    After Big Tech's parabolic run, the debate now is whether to hold the shares or fold them. Strategists at Citi argue that they look more like sells than buys.  ( 27 min )
    Nvidia, the newest trillion-dollar company, pays rock-bottom federal taxes in the US
    The latest member of the world’s trillion-dollar club pays a shockingly small amount of federal taxes.  ( 7 min )
    UPS workers authorize strike, seen as leverage for pay talks
    United Parcel Service (UPS) union employees have voted overwhelmingly to authorize a strike should contract talks break down after the current agreement ends in two weeks, the International Brotherhood of Teamsters said on Friday. It comes during relatively cordial talks as new Teamsters General President Sean O'Brien works to get a UPS deal that shares billions of dollars of its pandemic profit with workers and helps to recruit new members - including Amazon.com warehouse staff. Jeremy Tancredi, a former UPS manager turned industry consultant, said the strike authorization vote is a normal step the union takes to ensure they can quickly respond to any impasse after the contract expires.  ( 7 min )
    Where Should You Hold Your Cash Right Now: MMAs, CD, Savings, or Cash Reserve?
    Yields for the top cash reserve accounts, CDs, savings accounts, and MMAs are at multi-year highs. The best choice for your savings likely comes down to the differences between these kinds of accounts.  ( 20 min )
    Micron Warns of Revenue Hit From China Chip Ban. The Stock Is Falling.
    The U.S. chip maker said it will invest more than $600 million to acquire packaging equipment and build a new facility in its Xi'an factory.  ( 22 min )
    Two Views on the Path of Oil Prices
    Oil prices are down sharply from last year's highs and views are split on whether they'll fall further or start climbing again. Analysts generally expect prices to rise from their current level of around $70 a barrel as [the Chinese recovery gains steam](https://www.wsj.com/articles/chinas-stimulus  ( 21 min )
    Disney CFO's surprise exit 'adds yet another wrinkle' to Bob Iger's restructuring
    Disney CFO Christine McCarthy will step down from her longstanding role — a departure that's likely to lead to further headwinds for CEO Bob Iger.  ( 8 min )
    Why our obsession with bull markets is...'bull'
    If you listen to what many market commentators and journalists are saying these days, you know—or think you know—that U.S. stocks are in a bull market. That’s because on June 8, the Standard & Poor’s 500 Index closed at 4,294, the first day it was more than 20% above its recent low of 3,577 on Oct. 12, 2022.A 20% rise from a recent low, these people say, means that we’re in a bull market. To which I say, “bull.”  ( 9 min )
    Stocks to Watch Friday: Adobe, Microsoft, Virgin Galactic
    ↗️ Adobe (ADBE): The software company’s stock rose 3% in morning trading after Adobe posted second-quarter earnings that topped analysts’ expectations. ↗️ iRobot (IRBT): Stock jumped 19% af  ( 20 min )
    Coherus BioSciences Acquires Small Immuno-Oncology Player Surface Oncology For $40M
    Coherus BioSciences Inc (NASDAQ: CHRS) has agreed to acquire Surface Oncology Inc (NASDAQ: SURF), a clinical-stage immuno-oncology (I-O) company developing next-generation immunotherapies that target the tumor microenvironment. The Surface acquisition adds two clinical stage assets to Coherus' I-O pipeline: SRF388, currently in Phase 2 trials in lung and liver cancer, and SFR114, currently in a Phase 1/2 study as a monotherapy for advanced solid tumors. Coherus will issue shares at $5.2831 per s  ( 7 min )
    Stocks rise as rally continues with economy in focus: Stock market news today
    US stocks are setting up to open flat on Friday, after rallying the previous day amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon.  ( 7 min )
    The Cava IPO had a secret ingredient
    There is another reason why Cava's stock came out of the gate gangbusters: Its chairman.  ( 10 min )
    Virgin Galactic Stock Jumps. It’s Taking Tourists to Space Soon.
    Galactic 01 will fly between June 27 and June 30 and carry three crew members from Italy’s Air Force and National Research Council and will conduct microgravity research.  ( 22 min )
    Apple’s Expensive Valuation Seems Perplexing. These Factors Explain It.
    The stock, rising in value toward $3 trillion, is one reason why the S&P 500 is up 15% so far this year. That makes the valuation worthy of a close look.  ( 22 min )
    Bud Light maker CEO tells customers, 'We hear you,' but doesn't apologize as sales tank
    The CEO of Bud Light’s maker has released a message telling its “valued customers" that “we hear you" as sales of the beer are declining.  ( 8 min )
    Baby Boomers, You Need This Much Money to Retire Comfortably
    The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.  ( 10 min )
    In Case You Missed it: 2023's IRA Required Minimum Distribution (RMD)
    An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.  ( 9 min )
    How Much Will a $300,000 Annuity Pay Me Every Month?
    When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 9 min )
    Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This
    Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can … Continue reading → The post Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This appeared first on SmartAsset Blog.  ( 9 min )
    Can I Live Off The Interest of My $1 Million Portfolio?
    Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 11 min )
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
    I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.  ( 9 min )
    Is My 401(k) Balance Off the Mark For My Age?
    It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.  ( 10 min )
    Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
    My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.  ( 10 min )
    How Can I Stop Enabling Family Who Rely on Me to Pay Their Bills?
    The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their parent's ill-planned retirement. All while also trying to raise … Continue reading → The post Enablement Could Leave you Permanently Footing the Bill for Your Entire Family appeared first on SmartAsset Blog.  ( 8 min )
    How Dave Ramsey’s Advice on Time-Shares Sparked a $150 Million Lawsuit
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    Stocks Just Can’t Compete With Bonds Right Now
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    Ex-Yahoo CEO Marissa Mayer says her experience as a startup founder is inspired by her former Google bosses Larry Page and Sergey Brin
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    Dow Jones Futures Rise Ahead Of Inflation Survey; Virgin Galactic Rockets 40% On Spaceflight Plans
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    10 Stocks Soar To Highs Investors Have Never Seen Before
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    iRobot Stock Shoots Up After U.K. Approves Sale to Amazon
    The Competition and Markets Authority said the “deal would not lead to competition concerns in the U.K” or put rivals at a disadvantage.  ( 22 min )
    Iranian Oil Is Quietly Flooding Into the Global Market Again
    (Bloomberg) -- Iran is shipping the most crude in almost five years, fortifying its re-emergence on the geopolitical stage while posing risks for a fragile global crude market.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingAlphabet Selling Google Domains Assets to SquarespaceSocial Security Benefits Targeted for Cuts by House Con  ( 10 min )
    5 Things to Know Before Markets Open
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    Amazon's $1.7 billion deal to buy Roomba maker iRobot gets UK approval
    British antitrust regulators cleared Amazon’s purchase of robot vacuum maker iRobot on Friday, but the $1.7 billion deal still faces scrutiny in the United States and Europe. The Competition and Markets Authority said it decided not to escalate its initial investigation because it concluded that the deal would not result in a “substantial lessening of competition” within the United Kingdom. Amazon said it was pleased with the result.  ( 7 min )
    How To Invest In Treasuries And Capture Today's Plump Yields
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    A Bank China Built to Challenge the Dollar Now Needs the Dollar
    How Russia’s war in Ukraine paralyzed the Brics’s New Development Bank.  ( 31 min )
    Electric-vehicle startups set to extend blistering rally
    The winning streak has come without any apparent news or catalyst for the companies, leading several analysts and traders to point to a potential squeeze in the highly shorted stocks. For instance Nikola, which has more than doubled in value this week, has a short interest of 15.7%, according to Refinitiv. Other big gainers such as Lordstown and Workhorse Group have short interests of 15.2% and 24.3%, respectively.  ( 7 min )
    Virgin Galactic Stock Soars as Company Readies for First Commercial Space Flight
    Virgin Galactic (SPCE)'s shares are rocketing after the company said it was days away from sending its first commercial flight into space, following years of delays. Galactic 01 is due to fly between June 27 to June 30, carrying a team of three Ita  ( 20 min )
    UK clears Amazon's $1.7 billion deal for Roomba-maker iRobot
    Britain's competition regulator on Friday cleared Amazon.com Inc's planned $1.7 billion acquisition of iRobot Corp, maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. In April, the CMA had launched a "Phase 1" probe into the deal which was announced in August last year as Amazon sought to expand its stable of smart-home devices.  ( 6 min )
    Oracle Is Finally Thriving in the Cloud. AI Is Next.
    Oracle stock has already gotten a big lift from the generative AI trend. The company says it’s just getting started.  ( 22 min )
    These Stocks Are Moving the Most Today: Adobe, Cava, Virgin Galactic, Microsoft, Micron, and More
    Adobe posts fiscal second-quarter earnings better than analysts' estimates and raises its fiscal-year outlook, Cava extends gains after surging nearly 100% in the stock's trading debut, and Virgin Galactic surges as it readies commercial spaceflights for the end of the month.  ( 22 min )
    BofA’s Hartnett Sees Big US Stock Rally Followed by Big Collapse
    (Bloomberg) -- The S&P 500 may have entered a technical bull market last week, but Bank of America Corp.’s Michael Hartnett say it’s not the start of a new major rally in equities.Most Read from BloombergA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementSocial Security Benefits Targeted for Cuts by House ConservativesStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapAlphabet Selling Google Domains Assets to SquarespaceThe strategist who correctly predicted the s  ( 8 min )
    5 big analyst cuts: SoFi Technologies slashed with 3 downgrades, shares plunge
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at SoFi Technologies, Mersana, Zions, and RPC, and initiation at MSCI. Piper Sandler adjusted its rating to Neutral from Overweight with a price target of $8.00 (from $6.50). Meanwhile, BofA Securities downgraded the company to Neutral from Buy with a price target of $10.00 (from $9.50).  ( 7 min )
    Billionaire Perrodo Family’s Oil Riches Are Slowly Pulled Into the Open
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    Drilling Stocks Plunge on Bets for Oil Price Slump
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    Why a Bull Market Is a Bad Time to Check Your 401(k)
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    Dow Jones Futures: Stocks Run As Microsoft Roars, But This Risk Grows; Adobe Hails 'AI Era'
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  • Open

    Market: What It Means in Economics, Types and Common Features
    A market is where two parties, usually buyers and sellers, can gather to facilitate the exchange of goods and services.  ( 25 min )
    Retail Banking: What It Is, Different Types, Common Services
    Retail banking consists of basic financial services, such as checking and savings accounts, among others, that are sold to the general public via local branches.  ( 23 min )
    Retiring Soon? Here's How a CD Can Help Maximize Your Savings Right Now
    If you're planning to retire in 2024 or 2025, a fixed-rate CD paying 5.25% APY (or more) could help your cash savings grow faster so you're financially prepared.  ( 17 min )
    Which Banks Have the Best CD Rates?
    The Federal Reserve is keeping interest rates high, and banks are offering some of their best rates on CDs in years.  ( 15 min )
    Dow Jones Today: Index Drops as Market Rally Fizzles
    Investors couldn’t keep up the momentum from this week’s Fed rates news, but the Dow Jones Industrial Average still moved higher for the third-straight week  ( 17 min )
    Paying Off Debt With a Balance Transfer
    A credit card balance transfer can be a way to pay off your credit card debt more quickly while also saving on interest. But there are some risks.  ( 23 min )
    Markets Ended the Day Lower on Friday, June 16, 2023, but Up for the Week on Inflation, Fed Optimism
    Markets closed lower for the day, higher for the week on lower inflation, expectations the Fed may be pause or halt interest rate hikes.  ( 16 min )
    I Bonds vs. CDs: Which Is the Better Investment Right Now?
    Series I US savings bonds (I bonds) bought before Nov. 1, 2023, pay a guaranteed 4.30% for six months. Or you could open a 6-month CD that pays 5.65%. Which makes the most sense in the long run?  ( 18 min )
    DraftKings and Fanatics in Bidding War for PointsBet's US Assets
    DraftKings made a $195 million cash bid for the U.S. assets of PointsBet, a higher offer than Fanatics.  ( 16 min )
    What Does a Financial Advisor Do?
    Just what does a financial advisor do? A lot, in fact. And any potential client should do their due diligence and come prepared with questions.  ( 31 min )
    Deposit Slip: What It Is, How It Works, Benefits
    A deposit slip is a paper form that a bank customer includes when depositing funds into a bank account. It cites the depositor's account number and the amount deposited  ( 21 min )
    How GE Makes Money
    GE generates most of its profit and revenue through its aviation segment.  ( 21 min )
    Easing Inflation Boosts Consumer Sentiment
    The University of Michigan's Consumer Sentiment Index rose in June to its highest level in four months as inflation eased.  ( 16 min )
    Why Today's 5% Savings Rates Are the Best We've Seen Since 2007
    On the heels of the pandemic, the Fed has been battling decades-high inflation with aggressive rate hikes, and driving savings account rates to almost 16-year highs.  ( 18 min )
    Understanding Gold ETFs vs. Gold Futures
    Gold ETFs and gold futures are two ways to diversify into the metals asset class, but there are significant differences between the two investment vehicles.  ( 26 min )
    Are Online Banks Safe Right Now?
    Sure, online-only banks are offering great interest rates on high-yield savings accounts and certificates of deposit these days, but how safe is your money?  ( 14 min )
    What Is a Broad-Based Index, and What Are Some Broad Index Funds?
    A broad-based index is designed to reflect the movement of the entire market—one example of a broad-based index is the Dow Jones Industrial Average.  ( 21 min )
    Capital Stock Insurance Company Definition
    A capital stock insurance company is an insurer that gets capital from stockholder contributions, in addition to other reserve or surplus accounts.  ( 20 min )
    Top CD Rates Today, June 16, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Regulation Best Interest (BI): Definition, Broker Obligations
    Regulation Best Interest (BI) is an SEC rule that requires broker-dealers to recommend only products that are in their customers' best interests.  ( 24 min )
    Analyzing a Bank’s Financial Statements: An Example
    Unique characteristics are included in the balance sheet and income statement of a bank's financial statements that help investors decipher how banks make money.  ( 24 min )
    Marcus CD Rates: April 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )
    Investment Banks vs. Merchant Banks: What's the Difference?
    Investment banks participate in trade financing activities while merchant banks often expand into securities underwriting.  ( 20 min )
    What Is a Quartile? Example and How It Works
    A quartile is a statistical term describing a division of a data set into four equal intervals.  ( 21 min )
    Inflation Cools to 4% As Cost of Living Increases Simmer Down
    The Consumer Price Index rose 4% over 12 months in May, down more than half from the 9.1% inflation peak logged less than a year ago in June 2022 and its lowest since March 2021.  ( 18 min )
    Markets Little Changed Midday but on Track for Weekly Gains Heading into Holiday
    U.S. equities were little changed at midday on Friday, June 16, 2023, but on track for a winning week heading into the long holiday weekend.  ( 16 min )
    Tax Preparer vs. Tax Software: How To Choose
    A paid tax preparer can provide expert advice and save you time, but doing your own taxes with the help of software will save you money.  ( 25 min )
    Amazon's Purchase of iRobot Approved by UK Regulators
    U.K. regulators approved Amazon's $1.7 billion purchase of Roomba vacuum maker iRobot.  ( 16 min )
    Top Robo-Advisors Offer At Least 4.55% on Your Cash
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    What Is a Boiler Room Operation?
    A 'boiler room operation' uses high-pressure sales tactics to cold call clients and then push them to buy risky, intransparent penny stocks. Know how to spot one, and beware.  ( 17 min )
    AI Excitement Fuels Gains for Adobe
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    Aftermarket Performance Definition and Example
    Aftermarket performance is the variation in the price level of a newly issued stock during a period after its initial public offering (IPO).  ( 22 min )
    Upstream vs. Downstream Oil and Gas Operations: What's the Difference?
    Upstream and downstream oil and gas production refers to a company's location in the supply chain.  ( 21 min )
    When Stock Prices Drop, Where's the Money?
    Investor perception of a company's value can create money—and make it disappear into thin air. Here's a look at some drivers of price and how gains and losses occur.  ( 23 min )
    Independent Agent: What It Is, How It Works
    An independent agent can sell the insurance or financial products of several carriers and is not captive to just their direct employer's products.  ( 20 min )
    Where Should You Hold Your Cash Right Now: MMAs, CD, Savings, or Cash Reserve?
    Yields for the top cash reserve accounts, CDs, savings accounts, and MMAs are at multi-year highs. The best choice for your savings likely comes down to the differences between these kinds of accounts.  ( 20 min )
    Is There a Limit to How Many CDs You Can Have?
    There is no limit on how many CDs you can open, and it may be wise to open multiple with varying maturities as a CD ladder. But remember: CDs require you to lock up your money, or pay a penalty.  ( 17 min )
    The Most Typical Holding in a Special Purpose Vehicle
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    30-Year Mortgage Rates Edge Up, While Other Rates Are Mixed
    The average rate for a new purchase 30-year fixed mortgage ticked up just 1 basis point on Thursday to 7.14%. Other rates were mixed, with increases and decreases across loan types.  ( 20 min )
    Virgin Galactic Shares Surge After Announcing Its First Space Tourism Flights
    Shares of Virgin Galactic surged after announcing it would begin to offer commercial space tourism services in late June.  ( 16 min )
    What Is a Merchant Account? How Accounts and Processing Works
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    Term of the Day: Variable-Rate Certificates of Deposit (CDs)
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    What Is Hazard Insurance For Homeowners? How Coverage Works
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    Who Should Buy CDs Right Now?
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    BlackRock Files for a Spot Bitcoin ETF
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    Best CD Rate vs. S&P 500 Return: Which Is Better Right Now?
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    5 Things to Know Before Markets Open
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    Bank Credit: Definition, How It Works, Types, and Examples
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    What Is the Minimum Capital Adequacy Ratio Under Basel III?
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    Direct Deposit: What It Is, How It Works, Benefits & Risks
    Direct deposit is the deposit of electronic funds directly into a bank account. It offers a predictable process for funds transfer.  ( 23 min )
    Brexit Meaning and Impact: The Truth About the UK Leaving the EU
    Brexit refers to the U.K.'s withdrawal from the European Union after voting to do so in a June 2016 referendum.  ( 49 min )
    Original Equipment Manufacturer (OEM): Definition and Examples
    An original equipment manufacturer (OEM) provides components for another company's product and works closely with the seller of the finished product.  ( 23 min )
    How Amgen Makes Money
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  • Open

    Markets Ended the Day Lower, but Up for the Week on Inflation, Fed Optimism
    Markets closed lower for the day, higher for the week on lower inflation, expectations the Fed may be pause or halt interest rate hikes.  ( 1 min )
    Dow Jones Today: Index Drops as Market Rally Fizzles
    Investors couldn’t keep up the momentum from this week’s Fed rates news, but the Dow Jones Industrial Average still moved higher for the third-straight week  ( 1 min )
    Markets Little Changed Midday but on Track for Weekly Gains Heading into Holiday
    U.S. equities were little changed at midday on Friday, June 16, 2023, but on track for a winning week heading into the long holiday weekend.  ( 1 min )
    5 Things to Know Before Markets Open
    Virgin Galactic says it's ready to start commercial space tourism flights and consumer sentiment is expected to tick higher. Here’s what investors need to know today.  ( 1 min )
  • Open

    DraftKings and Fanatics in Bidding War for PointsBet's US Assets
    DraftKings made a $195 million cash bid for the U.S. assets of PointsBet, a higher offer than Fanatics.  ( 1 min )
    AI Excitement Fuels Gains for Adobe
    Adobe posted record Q2 revenue as its use of AI boosted demand.  ( 1 min )
    Amazon's Purchase of iRobot Approved by UK Regulators
    U.K. regulators approved Amazon's $1.7 billion purchase of Roomba vacuum maker iRobot.  ( 1 min )
    Virgin Galactic Shares Surge After Announcing Its First Space Tourism Flights
    Shares of Virgin Galactic surged after announcing it would begin to offer commercial space tourism services in late June.  ( 1 min )
  • Open

    Luchtvaart wil meer subsidie voor schonere vliegtuigbrandstof
    De luchtvaartbranche wil dat Europese overheden meer belastinggeld steken in het beperken van de CO2-uitstoot van vliegtuigen. Sprekers op een panel voorafgaand aan de Paris Air Show van volgende week waarschuwden vrijdag dat Europa achterop dreigt te raken bij de Verenigde Staten.  ( 4 min )
    Kabinet laat ultimatum leraren verlopen, mogelijk stakingen na zomervakantie
    De kans is groot dat de leraren in het onderwijs na de zomervakantie gaan staken. Het kabinet weigert voorlopig aan de eisen van de vakbonden te voldoen en is niet bereid tot een loonsverhoging van 12 procent.  ( 3 min )
    Meer geld voor lage- en middeninkomens om huis te verduurzamen
    Het kabinet trekt nog eens 900 miljoen euro uit, zodat ook lage- en middeninkomens hun woning kunnen verduurzamen. Zij kunnen dan via een renteloze lening bijvoorbeeld een warmtepomp aanschaffen.  ( 3 min )
    Nog duizenden Reddit-groepen in protest tegen nieuw beleid, maar zonder effect
    Bijna negenduizend Reddit-fora gingen begin deze week op zwart. Twee dagen was het idee. Om te protesteren tegen plotselinge kosten waarmee onafhankelijke ontwikkelaars vanaf juli worden opgezadeld. Ruim de helft van de fora is vijf dagen later nog steeds dicht. En Reddit-topman Steve Huffman is niet van plan iets te veranderen aan zijn plannen.  ( 4 min )
    President Bundesbank verwacht renteverhoging ECB na de zomer
    De Europese Centrale Bank (ECB) zal de rente na de zomer mogelijk verder verhogen om de hoge inflatie in de eurozone tegen te gaan. Dat zegt president Joachim Nagel van de Bundesbank.  ( 3 min )
    Fransen klagen Philips aan voor doodslag vanwege slechte slaapapneuapparaten
    Een groep van ruim tweehonderd Fransen klaagt Philips aan vanwege de gebreken in de slaapapneuapparaten. In de aanklacht wordt het bedrijf onder meer beschuldigd van doodslag, misleiding en het in gevaar brengen van levens.  ( 3 min )
    Grootste cryptoplatform ter wereld Binance trekt zich terug van Nederlandse markt
    Nederlandse beleggers kunnen vanaf medio volgende maand niet meer beleggen in digitale valuta via Binance. Het grootste cryptoplatform ter wereld biedt zijn diensten in ons land vanaf dan niet langer aan, omdat het ondanks meerdere pogingen geen vergunning krijgt van toezichthouders.  ( 3 min )
    FNV naar mensenrechtencollege voor hogere lonen bij sociale werkplaatsen
    FNV vindt dat personeel van sociale werkplaatsen ongelijk wordt behandeld en stapt daarom naar het College voor de Rechten van de Mens. De vakbond en de medewerkers willen een hoger loon, maar de gemeenten bieden dat nog niet.  ( 3 min )
    Economie groeide afgelopen jaren, maar ons geluk groeide niet mee
    Onze economie groeit sinds 2019, maar Nederlanders zijn niet tevredener geworden. Onder meer ons geluk, onze woonsituatie en onze gezondheid gingen er niet op vooruit, stellen de Universiteit Utrecht en Rabobank op basis van onderzoek naar de 'brede welvaart'.  ( 3 min )
    KLM wil overlast rond Schiphol verminderen met stillere vliegtuigen
    KLM en andere luchtvaartmaatschappijen hebben een alternatief plan ingediend om de overlast van vliegtuigen rondom Schiphol te verminderen. Ze willen de geluidsoverlast voor omwonenden terugdringen door nieuwe, stillere toestellen in te kopen om 's nachts mee te vliegen. Maar Schiphol zelf wil in de nacht juist dicht.  ( 4 min )
    Aftappen van de zon: hoeveelheid stroom uit zonlicht bijna met helft toegenomen
    De Nederlandse productie van zonnestroom is in 2022 opnieuw enorm toegenomen. We haalden 46 procent meer elektriciteit uit zonlicht dan een jaar eerder, en zelfs drie keer zoveel als in 2019.  ( 3 min )
    Omwonenden Tata Steel opnieuw naar de rechter voor schonere lucht
    Bewoners uit de omgeving van Tata Steel starten een nieuwe rechtszaak tegen de provincie Noord-Holland. Zij vinden dat het provinciebestuur harder moet optreden tegen de vervuiling van de staalfabriek, meldt milieuorganisatie MOB.  ( 3 min )
    Leraren willen meer loon, vakbonden maken zich op voor actie
    Werknemers in het onderwijs willen een hoger salaris. De onderwijsvakbonden hebben een ultimatum gesteld dat vrijdag afloopt. Wat is er aan de hand?  ( 3 min )

  • Open

    The AI Boom Is Not Fully Priced into These 2 SemiCap Stocks, Says Wall Street’s Best Analyst
    Trends come and go but the latest craze to take Wall Street by storm is proving quite persistent. AI hype has been all the rage this year and stocks with exposure to generative AI and LLMs (large language models) have been reaping the benefits. So much so, that Wall Street’s best analyst thinks it’s time to change tune on many of them. Surveying the SemiCap space, Needham analyst Quinn Bolton is confronted by a plethora of names boasting lofty valuations with little room left to run from here. “  ( 10 min )
    Average 401(k) account balances tumbled last year, Vanguard research shows
    New Vanguard data released Thursday shows that 401(k) balances plummeted in 2022, primarily due to the "decrease in equity and bond markets" over the year.  ( 7 min )
    Rivian’s SUV Production Is Outpacing Pickup Truck Volume
    (Bloomberg) -- Rivian Automotive Inc. is rapidly ramping up production of its electric SUV, which the company’s chief financial officer says is on track to overtake output of the startup’s plug-in pickup this quarter.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2  ( 7 min )
    Ousted Nikola Founder Urges Leadership Change at EV Maker
    (Bloomberg) -- Nikola Corp. founder Trevor Milton called for leadership change at the electric-truck maker and urged shareholders to vote against upcoming company-backed proposals in his first social-media posts in years.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedNYC’s Rent Surge Defied by New Grads Pur  ( 7 min )
    Recession or no recession? Why Deutsche Bank says an economic downturn is 100% inevitable
    The U.S. economy boomed and now, it's time to bust, Deutsche Bank says. The investment bank sees 100% chance of U.S. recession this year. Here's why.  ( 7 min )
    A $4.2 Trillion Options Event Looms for Newly Minted Bull Market
    (Bloomberg) -- The gravity-defying bull market is handing stock investors a fresh conundrum as an unusually big pile of options expires Friday: Chase gains via bullish derivatives or hedge with bearish bets?Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are  ( 9 min )
    Adobe tops quarterly results and forecast estimates driven by AI
    Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker's efforts to drive up demand with generative artificial intelligence (AI) integrations paid off. Shares of the San Jose, California-based company rose more than 5% in aftermarket trading. Adobe's spree to boost AI innovation has been evident by AI features being introduced into Acrobat, Express, Photoshop and Premiere Pro.  ( 7 min )
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    Disney Finance Chief Christine McCarthy to Step Down
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    Charlie Munger Said Healthcare Providers Artificially Prolong Death To Make More Money, Compares Patients To African Carcass
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    Cava stock soars in its IPO debut
    Cava (CAVA) on Thursday made its public debut on the New York Stock Exchange.  ( 8 min )
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    Target Raises Dividend Following Stock Selloff
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    This Low Risk, High Reward Disney Stock Butterfly Can Return Up To $710
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    Everything in the stock market revolves around risk and reward. It’s a fair equation – the higher the risk, the bigger the reward. And for those with the stomach for such shenanigans, penny stocks – traditionally, tickers trading for less than $5 a piece – are the go-to segment. Given the capacity for huge returns, the inverse also holds true: these are risky bets, and the intrepid investor must tread carefully – as much as these names can gain in a short span of time, the losses can pile up jus  ( 10 min )
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    Putin moves to seize assets of ‘naughty’ Western companies fleeing Russia
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    Dow Jones Futures Fall After Surprise Rise In Jobless Claims; Tesla Stock Extends Losses
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    Tesla Stock’s Winning Streak Is Over. What Wall Street Says Happens Next.
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    Delta Stock’s Record Streak Survives the Fed. It’s Also Resuming Its Dividend.
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    Bitcoin and Other Cryptos Sharply Down After Fed’s Hawkish Outlook
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    XPeng Stock Rises. The Tesla Rival Rolled Out Self-Driving Tech.
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    Inside My Trade: The 18-Year-Old Investor Playing AI Stocks On Summer Vacation
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    Delta Air Lines resumes dividend suspended in 2020 during pandemic
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    Nvidia Stock Got Away? Analysts Think These Techs Will Rally Next
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    Technical Assessment: Bearish in the Intermediate-Term
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    Stocks to Watch Thursday: Tesla, Alibaba, Lennar, Adobe
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    Dow Jones Futures Fall: Market Rally Resilient After Fed Surprise; Tesla Ends Record Run
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    Daily – Vickers Top Buyers & Sellers for 06/15/2023
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    Stock futures slide as 'hawkish' Fed preys on mood: Stock market news today
    Nasdaq futures are leading US stocks lower early on Thursday, as investors weigh the Fed's plan for two more hikes.  ( 8 min )
    Bitcoin and Other Cryptos Fall Sharply After Fed’s Hawkish Outlook
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    Venezuela Makes Long-Shot Bid to Revive Ruined Economy With Gas
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    Lawsuit Seeking $14,729 Tax Refund Could Lead to Corporate Windfall
    The Supreme Court is set to consider whether income must received, or realized, before it can be taxed—with far-reaching implications for current and proposed tax laws.  ( 28 min )
    These Stocks Are Moving the Most Today: Lennar, XPeng, Citigroup, Adobe, and More
    Lennar's earnings and revenue top expectations, XPeng gets approval for assisted-driving technology in Beijing, and Adobe reports earnings Thursday.  ( 22 min )
    Tesla Rival XPeng Rolls Out Self-Driving Tech in Beijing. The Stock Is Rising.
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    Saudi Arabia Sought to Push Oil Prices Higher. Markets Had Other Ideas.
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    Copper Is the Future. Freeport-McMoRan Is the Stock to Buy.
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    Adobe’s Earnings Are Coming. The Focus Remains on AI.
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    Top US Chip Gearmaker Accuses China Rival of 14-Month Spy Spree
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    Bitcoin mining difficulty rises 2.18% to record amid increasing competition among miners
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  • Open

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    5 Things to Know Before Markets Open
    The European Central Bank is expected to keep hiking interest rates and initial jobless claims are expected to drop lower. Here’s what investors need to know today.  ( 17 min )
    Consumer Price Index (CPI) Explained: What It Is and How It's Used
    The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.  ( 32 min )
    Tier 1 Capital vs. Tier 2 Capital: What's the Difference?
    Tier 1 capital and tier 2 capital are types of assets that banks hold. Banks must hold adequate amounts of different types of capital at any given time. Learn more.  ( 22 min )
    Third Party Liability Insurance Types
    Third-party insurance, such as auto insurance, is a policy designed to protect against the actions or claims of a third party. Learn how it benefits you.  ( 23 min )
  • Open

    2022 was opnieuw een stralend jaar voor zonne-energie
    De Nederlandse productie van zonnestroom is in 2022 opnieuw enorm toegenomen. We haalden 46 procent meer elektriciteit uit zonlicht dan een jaar eerder, en zelfs drie keer zoveel als in 2019.  ( 3 min )
    Tony's Chocolonely komt grotendeels in handen van Belgische bierfamilie
    Investeringsmaatschappij Verlinvest wil chocoladefabrikant Tony's Chocolonely overnemen. De Belgische investeerder is in handen van de familie De Spoelberch, die groot is geworden met bierbrouwer AB InBev. Hoeveel geld met de deal is gemoeid, is niet duidelijk.  ( 3 min )
    Strijd bij autofabriek Nedcar is voorbij nu vakbondsleden instemmen met voorstel
    De leden van de vakbonden hebben donderdag ingestemd met het onderhandelingsresultaat tussen VDL en de bonden voor een sociaal plan bij autofabriek Nedcar in Born. Er komt een ontslagvergoeding, maar het personeel moet ook overwerken om de productieachterstand in te lopen.  ( 4 min )
    KLM Groep wil overlast rond Schiphol verminderen met nieuwe vloot
    KLM en andere luchtvaartmaatschappijen hebben een alternatief plan ingediend om de overlast van vliegtuigen rondom Schiphol te verminderen. Ze willen de geluidsoverlast voor omwonenden terugdringen door nieuwe, stillere toestellen in te kopen.  ( 4 min )
    Strijd bij autofabriek Nedcar is voorbij nu vakbondsleden akkoord gaan
    De leden van de vakbonden hebben donderdag ingestemd met het onderhandelingsresultaat tussen VDL en de bonden voor een sociaal plan bij autofabriek Nedcar in Born. Er komt een ontslagvergoeding, maar er moet ook overgewerkt worden om de productie in te lopen.  ( 4 min )
    ECB verhoogt rente verder naar hoogste niveau sinds 2001, Fed pauzeert even
    De rente van de Europese Centrale Bank gaat voor de achtste keer op rij omhoog en komt daarmee uit op 3,5 procent. Zo hoopt de ECB de inflatie onder de duim te krijgen. De Amerikaanse centrale bankenkoepel heeft uit angst voor een recessie de rentestijgingen juist gepauzeerd.  ( 5 min )
    Tony's Chocolonely komt volledig in handen van Belgische bierfamilie
    Investeringsmaatschappij Verlinvest wil chocoladefabrikant Tony's Chocolonely volledig overnemen. De Belgische investeerder is in handen van de familie De Spoelberch, die groot is geworden met bierbrouwer AB InBev. Hoeveel geld met de overname is gemoeid, is niet duidelijk.  ( 3 min )
    Video | Van imperium naar 40.000 ontslagen: zo ging het mis bij Philips
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de zesde aflevering kijken ze naar hoe het misging bij Phillips. Dit is de een-na-laatste aflevering van deze serie.  ( 3 min )
    Nederlandse programmeur krijgt 2,5 jaar cel in langlopende Megaupload-zaak
    De Nederlandse programmeur Bram van der K. gaat 2,5 jaar de cel in vanwege zijn betrokkenheid bij Megaupload, een website waarop bestanden gedeeld konden worden. De slepende zaak in Nieuw-Zeeland duurde elf jaar.  ( 4 min )
    Spioneren met software wordt stuk lastiger door strenger Europees toezicht
    Het Europees Parlement wil misbruik van spionagesoftware strenger aan banden leggen. De leden roepen op tot beter onderzoek naar spywareprogramma's zoals Pegasus, zodat de veiligheid van burgers beter wordt beschermd. Ook moeten er duidelijke afspraken komen over de programma's en mogen lidstaten er geen misbruik van maken.  ( 4 min )
    Trustkantoor krijgt boete van ruim 3 miljoen euro wegens slecht klantenonderzoek
    Trustkantoor TMF heeft een boete van ruim 3 miljoen euro opgelegd gekregen. Het kantoor is weer in de fout gegaan met een slecht uitgevoerd onderzoek naar klanten. TMF moet beter op de geldstromen van zijn cliënten letten om witwaspraktijken en financiering van terrorisme te voorkomen.  ( 3 min )
    ECB verhoogt rente verder naar hoogste niveau sinds 2001, terwijl Fed even pauzeert
    De rente van de Europese Centrale Bank gaat voor de achtste keer op rij omhoog en bereikt daarmee 3,5 procent. Zo hoopt de ECB de inflatie onder de duim te krijgen. De Amerikaanse centrale bankenkoepel heeft op dezelfde dag juist een pauze aangekondigd van de rentestijgingen, uit angst voor een recessie.  ( 5 min )
    Zweedse econoom wijt hoge inflatie aan niemand minder dan Beyoncé
    In bijna alle Europese landen stijgen de prijzen steeds minder hard. Maar Zweden was daar vorige maand een uitzondering op. Economen wijzen een opmerkelijke schuldige aan: Beyoncé.  ( 4 min )
    Zweedse econoom wijdt hoge inflatie aan niemand minder dan Beyoncé
    In bijna alle Europese landen stijgen de prijzen steeds minder hard. Maar Zweden was daar vorige maand een uitzondering op. Economen wijzen een opmerkelijke schuldige aan: Beyoncé.  ( 4 min )
    Bitcoinkoers daalt hard na rentebesluit van Amerikaanse centrale bank
    De bitcoin is voor het eerst in drie maanden gezakt tot onder de 25.000 dollar. Enkele uren nadat de Amerikaanse centrale bank had aangekondigd de renteverhoging tijdelijk te pauzeren, kelderde de grootste cryptomunt naar 24.800 dollar.  ( 3 min )
    Zweedse inflatie hoger dan verwacht door niemand minder dan Beyoncé
    In bijna alle Europese landen stijgen de prijzen steeds minder hard. Maar in Zweden ging dat vorige maand minder hard dan verwacht. Economen wijzen een opmerkelijke schuldige aan: Beyoncé.  ( 4 min )
    Britse pubketen lost personeelstekort op met vijftigplussers
    De Britse pubketen Fuller's heeft een deel van het personeelstekort opgelost door meer mensen aan te nemen die ouder zijn dan vijftig of niet eerder in de horeca hebben gewerkt.  ( 3 min )
    Brexit jaagt veel miljonairs weg uit VK, Russen zien er 8.500 vertrekken
    Er trekken de laatste jaren veel miljonairs weg uit het Verenigd Koninkrijk. Vorig jaar verlieten zestienhonderd van hen het land, dit jaar verdubbelt dat aantal waarschijnlijk. Dat komt grotendeels door de Brexit.  ( 4 min )
    Muziekuitgevers willen ruim 230 miljoen euro zien van Twitter
    Zeventien muziekuitgevers slepen Twitter voor de rechter. Ze eisen omgerekend ruim 230 miljoen euro van het bedrijf van Elon Musk. Op het platform zijn zeker zeventienhonderd liedjes onrechtmatig gedeeld.  ( 3 min )
    Zwaarwegend advies: 'CO2-uitstoot Europa in 2040 met 90 à 95 procent omlaag'
    De Europese Unie moet de uitstoot van broeikasgassen in 2040 met 90 à 95 procent hebben teruggedrongen ten opzichte van het niveau van 1990. Alleen zo kan de EU zich houden aan de internationale klimaatafspraken en haar "eerlijke bijdrage" leveren in de wereldwijde strijd tegen klimaatverandering, stelt een belangrijke adviseur van de Europese Commissie.  ( 6 min )
    Werkloosheid in mei licht toegenomen, maar blijft laag
    De werkloosheid in Nederland blijft laag. Hoewel het aantal mensen zonder baan in mei licht is toegenomen tot 3,5 procent, is de arbeidsmarkt nog steeds erg krap.  ( 3 min )
  • Open

    Dow Jones Today: Microsoft Leads Index Higher
    The Dow Jones Industrial Average rose 1.3%, or about 430 points, after retail sales data showed Americans are still upping their spending, a sign of resilience amid slowing inflation.  ( 1 min )
    Enthusiasm for Tech Stocks and Optimism About Fed Rate Hikes Lift Markets
    Investors' enthusiasm for tech stocks and optimism that the Fed will slow rate hikes lifts markets.  ( 1 min )
    Markets Rise Midday as Tech Stocks Climb Amid Rate Hike Optimism
    U.S. equities advanced at midday on June 15, 2023 as tech stocks climbed after the Fed paused rate hikes.  ( 1 min )
    5 Things to Know Before Markets Open
    The European Central Bank is expected to keep hiking interest rates and initial jobless claims are expected to drop lower. Here’s what investors need to know today.  ( 1 min )
  • Open

    Kroger Shares Fall After Sales Come Up Short as Shoppers Watch Spending
    Kroger sales missed estimates, and its outlook was at the low end of expectations as customers watched how much they spend.  ( 1 min )
    CAVA Shares Soar on the Restaurant Chain's First Day of Trading
    Shares of Mediterranean fast-casual restaurant chain CAVA skyrocketed in their first day of trading on the NYSE.  ( 1 min )

  • Open

    Elon Musk's decision to not pay rent on Twitter's offices is adding to commercial mortgage headaches at Goldman Sachs
    Twitter has still not paid rent on its office spaces, and Elon Musk told an advisor he would pay rent "over his dead body," according to a lawsuit.  ( 8 min )
    IRS Audits of the Rich Deliver Huge Bang for the Buck: New Study
    Republicans have been clamoring to rescind billions of dollars in additional funding provided for the Internal Revenue Service as part of last year’s Inflation Reduction Act. They succeeded to an extent as part of the recent deal between House Speaker Kevin McCarthy and President Joe Biden to raise the debt limit, which also clawed back $21.4 billion from the tax agency. A new study suggests that deal could be costly. Researchers at the Treasury Department, Harvard University and The University  ( 7 min )
    'Dean of Valuation' Aswath Damodaran says the story behind Nvidia's stock surge makes sense but its current price doesn't
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    Market Rally Resilient After Fed Surprise; Tesla Ends Record Run, Big Warning Fuels This Group
    The Nasdaq is even more extended despite a hawkish Fed outlook.  ( 13 min )
    Goldman Sachs Lifts S&P 500 Price Target; Here Are 2 High-Upside Stocks to Play the Bounce
    Year-to-date, the S&P 500 has delivered an impressive return of 14%. However, those gains are a bit deceiving as the bulk of the upside has been driven by only a few selected stocks, namely the tech Mega Caps (AAPL, MSFT, NVDA, META, AMZN). If we exclude those five stocks, the index has only advanced by 5%. While one could argue that the market is due for a cooling down period after such a rally, Goldman Sachs Chief U.S. Equity Strategist David Kostin suggests otherwise, citing past evidence. “P  ( 10 min )
    The Fed Paused Rate Hikes: Here's What It Means for Money Market Accounts
    The Fed hit the brakes on its rate-hiking cycle at Wednesday's meeting. Discover the implications for money market accounts.  ( 17 min )
    Restaurant Chain Cava Raises $318 Million in IPO, Sixth-Largest on US Exchange This Year
    (Bloomberg) -- Fast-casual restaurant chain Cava Group Inc. exceeded its target by raising $318 million in an initial public offering, the biggest listing on a US exchange in six weeks.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin Ramps Up Credit Bets, An  ( 7 min )
    Jerome Powell just admitted that some banks are in trouble with their commercial real estate holdings: ‘We do expect that there will be losses’
    “There will be banks that have concentrations, and those banks will experience larger losses,” Powell told reporters on Wednesday.  ( 7 min )
    Gundlach Doesn’t Think the Fed Will Resume Rate Hikes Soon
    (Bloomberg) -- DoubleLine Capital’s Jeffrey Gundlach doesn’t believe the Federal Reserve will continue to raise interest rates anytime soon despite Fed Chair Jerome Powell signaling the resumption of monetary tightening. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok Lifestyle  ( 6 min )
    Where Should Your Savings Be Right Now? Somewhere You Can Earn at Least 5%
    Rates on bank accounts and CDs have already surged to their highest level in almost 16 years, and may rise further, giving you many options to earn 5% or more on your cash.  ( 22 min )
    China EV Stocks: Li Auto, Nio, XPeng Revving Higher Despite Slowing Economy
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    Tesla’s $240 Billion Rally Set to Collide With a Bearish Signal
    (Bloomberg) -- Tesla Inc. shares snapped their record-setting 13-day winning streak Wednesday, as a hawkish stance from the Federal Reserve and market technicals took some steam off the rally. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin Ramps Up Credit  ( 7 min )
    Stocks wobble as Fed skips a rate hike but forecasts more: Stock market news today
    After inflation cooled, investors are expecting a pause in the Federal Reserve's rate hiking campaign that has pushed interest rates to the highest level since 2007.  ( 6 min )
    Bosses are fed up with remote work for 4 main reasons. Some of them are undeniable
    The data showing that remote workers spend fewer hours working, less productively, is really starting to add up.  ( 10 min )
    5 Of The Fastest Growing Companies, With Bullish Charts To Top
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    The Fed Paused Rates, Here's What It Means for CDs
    The Federal Reserve neither raised nor lowered its benchmark interest rate Wednesday meeting—putting neither upward nor downward pressure on the rates banks offer on certificates of deposit.  ( 16 min )
    Federal Reserve Meeting Shock: Two More Rate Hikes Eyed; S&P 500 Hangs Tough
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    Bitcoin Slips After Fed Decision. Where Prices Could Go Next.
    'The bears may have the upper hand right now,' says Alex Kuptsikevich, an analyst at FXPro.  ( 22 min )
    Coherent Stock Rockets On New Laser Welding Gear For Manufacturing Electric Vehicles
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    Stock Market Falls After Fed Leaves Rates Unchanged, For Now; Health Insurance Stocks Sell Off
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    Federal Reserve holds interest rates steady, forecasts two more rate hikes this year
    Officials are likely to pause in June but signal a willingness to raise rates again to tame inflation.  ( 7 min )
    Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of 2 Black men
    Jurors in a federal court in New Jersey have awarded $25.6 million to a former regional Starbucks manager who alleged that she and other white employees were unfairly punished by the coffee chain after the high-profile 2018 arrests of two Black men at one of the chain's Philadelphia locations. Shannon Phillips won $600,000 in compensatory damages and $25 million in punitive damages on Monday after an eight-member jury decided after five hours of deliberation that race was a determinative factor in Phillips' firing, in violation of federal and state anti-discrimination laws, Law360 reports. In April 2018, a Philadelphia store manager called police on two Black men who were sitting in the coffee shop without ordering anything.  ( 8 min )
    Analyst Report: PG&E Corp.
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    Meta Stock Should Surge Further, Analysts Say. It’s All About AI.
    Adding generative AI into Meta's universe will lead people to spend more time on the apps, an analyst says.  ( 22 min )
    US Federal Reserve poised to halt rate rises - latest updates
    The Federal Reserve has paused its most aggressive round of interest rate rises since the 1980s.  ( 37 min )
    Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
    We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.  ( 10 min )
    Market Update: DRI, IFF, PCG
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    EV stocks join AI names in leading the stock market rally
    EV stocks are having an AI-like trading moment.  ( 8 min )
    MicroStrategy founder Michael Saylor says Bitcoin could grow to 80% of crypto market after SEC suits against Binance and Coinbase
    The founder said Bitcoin could eventually make up 80% of the crypto market.  ( 8 min )
    Bud Light’s Problems Won’t Go Global. That Makes the Stock a Buy.
    A boycott has made the beer's sales sink. Still, an analyst argues that the stock of AB InBev, which owns the Bud Light brand, has dropped too far.  ( 25 min )
    Axsome Therapeutics Expects Up To $11.5 Billion In Peak Sales, Wallops Analysts' Forecasts
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    A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations
    Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase.  ( 9 min )
    SoFi Stock Charges Ahead. Why These Analysts Call It a ‘Top Pick.’
    Shares of the fintech have gained more than 100% this year. BTIG says the stock has more room to run.  ( 22 min )
    Billionaire Charlie Munger Compares Stock Market 'Gambling' to 'Heroin' Addiction, Sees No Solution In Sight
    Berkshire Hathaway Inc., led by CEO Warren Buffett and Vice Chairman Charlie Munger, is a compound interest machine, achieving a return of about 2 million percent on its initial value — equivalent to a 20,000 to 1 ratio. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision For Reuniting American Families The men accomplished this feat was accomplished by astutely investing the company’s capital in a variety of businesses, all while exercising caution in borrowing. Having wi  ( 8 min )
    Jack Dorsey's '$300 Million Bar Tab' To Rub Shoulders With Jay-Z Results In Lawsuit
    Many people assume that Twitter was the reason for Jack Dorsey’s impressive fortune, but that actually isn’t the case. When Elon Musk acquired Twitter in October 2022 for $44 billion, Dorsey held a modest 2% ownership of the company’s outstanding equity, equivalent to approximately 18 million shares. Dorsey's pre-tax earnings from the Twitter sale amounted to $978 million. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision For Reuniting American Families The true source o  ( 7 min )
    JPMorgan’s Michele Says It’s Time to Exit ‘Cash Trap’ and Move Into Bonds
    (Bloomberg) -- It’s time to exit the “cash trap” of money market funds and move into bonds as the Federal Reserve is set to pause its rate-hike campaign and then cut as soon as September, according to Wall Street veteran Bob Michele.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyTrump Urges Prosecutors to Drop Case, Offers Defense PreviewKen Griffin Ramps Up Credit Bets, Anticipating US Reces  ( 6 min )
    ‘Too Cheap to Ignore’: Wells Fargo Sees Compelling Opportunity in These 2 Stocks
    Everyone is always on the lookout for the best possible deal – that applies to all walks of life, be it at the supermarket, the top echelons of sport, or the investing world. That said, finding the best deal in the stock market could be a complex endeavor because, while it is probably easy to find equities priced in a low range, there might be a good reason why said names are going for cheap. Therefore, a little help in discerning which stocks are just not worth the time of day and which ones ar  ( 9 min )
    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
    My wife and I are both 65 years old. She will retire this year and I'll work until I'm 67. We'll get about $42,000 in Social Security and have about $1 million in savings. Can we live on $90,000 per … Continue reading → The post Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year? appeared first on SmartAsset Blog.  ( 8 min )
    The Retirement Tax Break That Will Pay You an Annual Income
    Retirees can now earn money for life by giving some of their IRA savings to charity.  ( 23 min )
    Schwab Sees Second-Quarter Revenue Declining as Much as 11%
    (Bloomberg) -- Charles Schwab Corp. expects its revenue to slide as much as 11% in the second quarter compared to a year earlier, the company’s Chief Financial Officer Peter Crawford said in a statement Wednesday.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyTrump Urges Prosecutors to Drop Case, Offers Defense PreviewKen Griffin Ramps Up Credit Bets, Anticipating US RecessionPutin’s Economic  ( 7 min )
    Vivek Ramaswamy is threatening GOP heavyweights in the polls–but his business record doesn’t live up to the hype
    Yale's Sonnenfeld and Tian retrace presidential hopeful Vivek Ramaswamy's business record.  ( 10 min )
    UnitedHealth's Bad News Hits Insurers, But Sparks Surgery Partners Breakout
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    Health Insurers Tumble, Device Makers Rally on Rising Elective Surgery Expectations
    Healthcare stocks are having a chaotic morning on expectations that seniors are seeking out elective medical care in greater numbers after a post-pandemic lull. Health insurers that pay for care are down, while providers are rising. Here’s what you need to know. UnitedHealth Group executives sai  ( 21 min )
    Bud Light loses top US beer spot after Mulvaney ad boycott
    Anheuser-Busch InBev's Bud Light has lost its top spot in the U.S. beer market to Constellation Brands' Modelo Especial, following a backlash from conservatives over a social media promotion with transgender influencer Dylan Mulvaney. Sales of Bud Light and Budweiser dropped 24.6% and 9.2%, respectively, for the four weeks ended June 3 from a year earlier, while Modelo Especial sales rose 10.2%, according to consulting company Bump Williams, which sources data from NielsenIQ. In May, AB InBev CEO Michel Doukeris said it was too early to have a full view of the impact due to the backlash.  ( 7 min )
    How Shopify's 'Shape Shift' Made E-Commerce Firm Attractive Again
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    I'm Retired. Will I Ever Be Able to Stop Filing Taxes?
    When you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some great discounts. But no matter your age, you don't get … Continue reading → The post Do Seniors Ever Stop Filing Taxes? appeared first on SmartAsset Blog.  ( 9 min )
    Can I Guard My Assets From Nursing Homes Using an Irrevocable Trust?
    Paying for a nursing home can seriously deplete your retirement savings. The government-funded Medicaid program can pay some or all nursing home costs, but it's restricted to people of very limited financial means. You may be able to qualify for … Continue reading → The post Does an Irrevocable Trust Protect Assets from Nursing Homes? appeared first on SmartAsset Blog.  ( 8 min )
    Will I Get Automatically Enrolled in Medicare When I Turn 65?
    Some people who already receive Social Security benefits are automatically enrolled in Medicare when they turn 65. That's not the case for everyone, though. People who haven't started collecting Social Security will need to register for Medicare, but signing up … Continue reading → The post Are You Automatically Enrolled in Medicare at Age 65? appeared first on SmartAsset Blog.  ( 8 min )
    US producer prices fall more than expected in May on energy costs
    U.S. producer prices fell more than expected in May and the annual increase in producer inflation was the smallest in nearly 2-1/2 years, strengthening the case for the Federal Reserve to skip raising interest rates on Wednesday. The producer price index for final demand dropped 0.3% last month on lower energy costs after rising by an unrevised 0.2% in April, the Labor Department said on Wednesday. In the 12 months through May, the PPI climbed 1.1%.  ( 6 min )
    Dow Jones Futures Fall After Key Inflation Data; Fed Decision, Powell Comments Later
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    Li Auto’s EV Sales Can Be a Catalyst. The Case to Buy Stock Now.
    Citi analyst Jeff Chung thinks something good is about to happen at the Chinese electric-vehicle maker.  ( 22 min )
    7 Investors Own A Third Of Tesla Now That Cathie Wood Sold
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    UnitedHealth Stock Falls as Seniors Catch Up on Surgeries, Leading to Higher Costs
    'More seniors are just more comfortable accessing services for things that they might have pushed off a bit like knees and hips,' the health insurer says.  ( 22 min )
    Tesla Stock Up After It Raises Prices. EV Demand Might Be Improving.
    The electric-vehicle company hiked the tags of its Model Y crossover, further reversing the trend of this year’s dramatic price cuts across the sector.  ( 22 min )
    AMD stock pops on potential Amazon superchip deal, CEO bullishness
    AMD shares remain a hot ticker on Yahoo Finance as it reveals its new super chip.  ( 8 min )
    Analyst Report: Goodyear Tire & Rubber Co.
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    Analyst Report: Enovis Corp
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: GT, NFLX, TMO, ENOV
    No content preview
    Logitech Announces Sudden CEO Departure. The Stock Is Tumbling.
    The computer peripherals maker announced that CEO Bracken Darrell is stepping down to “pursue another opportunity.”  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 06/14/2023
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    Daily – Vickers Top Insider Picks for 06/14/2023
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    Fed pauses interest rate hikes, signals two more increases likely in 2023 to fight inflation
    The Fed will decide whether to raise interest rates for an eleventh time amid ongoing inflation and some concerns about a possible recession.  ( 11 min )
    Shell Stock Rises on Plans to Give More Cash to Shareholders
    The biggest European oil company is boosting distributions to 30% to 40% of cash flow, compared with current rates of 20% to 30%.  ( 22 min )
    Vodafone, Hutchison unveil UK mobile merger
    LONDON/HONG KONG (Reuters) -Vodafone and CK Hutchison finally unveiled the merger of their British operations on Wednesday, pledging to create the country's largest mobile operator to boost competition and invest $14 billion in the country. Vodafone will own 51% and Hutchison 49% of the combined group, which will be led by current Vodafone UK boss Ahmed Essam, the companies said. Current Three UK finance chief Darren Purkis will take the same role in the new group.  ( 7 min )
    Stocks to Watch Wednesday: UnitedHealth, Shell, Nvidia, Lennar
    ↘️ UnitedHealth (UNH), Humana (HUM), Assurant (AIZ): Health insurers’ shares fell in offhours trading. The possible culprit: UnitedHealth’s financ  ( 20 min )
    Nvidia Buyback Freeze Follows Perfectly Timed Binge
    (Bloomberg) -- Nvidia Corp. made some astute stock buybacks last year ahead of a monster rally fueled by the artificial intelligence frenzy. Now the chipmaker is drawing attention because it stopped buying.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2  ( 9 min )
    Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
    Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry.  ( 7 min )
    Ken Griffin Ramps Up Credit Bets, Anticipating US Recession
    (Bloomberg) -- Ken Griffin, whose hedge fund churned out a record $16 billion for clients last year, is increasing his focus on credit trading as he braces for a potential US recession.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2.2 Million to Be Cons  ( 8 min )
    AMD’s New Chip Fails to Impress Investors. It’s Still an AI Winner, Analyst Says.
    The chip maker's big product launch may have left investors feeling uninspired but it can still challenge Nvidia, according to one analyst.  ( 25 min )
    These Stocks Are Moving the Most Today: AMD, Tesla, Logitech, Activision, and More
    Advanced Micro Devices launches a new AI chip to challenge Nvidia's dominance in the space, Nvidia closes with a market cap above $1 trillion, Tesla finishes higher for a record 13th consecutive session, and Logitech's CEO is resigning.  ( 22 min )
    Oil Demand Growth to Slow Sharply as Peak Nears, IEA Says
    (Bloomberg) -- Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion of Ukraine speed up the transition away from fossil fuels, the International Energy Agency said. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They  ( 9 min )
    Nasdaq is officially dropping Rivian for an auto industry chip maker
    Nasdaq is dropping Rivian because it shrunk too much.  ( 8 min )
    Shell to Lift Dividend, Launch $5 Billion Buyback
    The energy major Shell said it will share billions more from its record profits with investors while deepening its commitment to the oil-and-gas businesses that produce the highest returns. .  ( 29 min )
    Low-tax Switzerland votes on global minimum corporate tax rate
    Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate, although even with the rise the country would still have one of the lowest corporate tax levels in the world. In 2021 almost 140 countries including Switzerland agreed to an Organisation for Economic Cooperation and Development (OECD) deal to ensure large companies pay a minimum tax rate of 15%, to prevent them trying to avoid taxation by transferring profits to low tax countries. The Swiss government backs the change and according to a poll by researchers GFS Bern, 73% of voters will support the move under Switzerland's system of direct democracy, where legislation is put to the public vote.  ( 7 min )
    Shell Boosts Dividend 15% as It Pivots Back Toward Oil and Gas
    (Bloomberg) -- Shell Plc will increase its dividend 15% and boost natural gas production as new Chief Executive Officer Wael Sawan refocuses on the fossil fuels that drove record profits last year.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2.2 Millio  ( 7 min )
    Behind the bullish faith in stocks is a system still awash with cash
    Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest a note of market caution, yet world stocks are at 14-month highs, the S&P 500 stock index has entered a bull market and gauges of volatility are eerily calm. BNP Paribas estimates excess global liquidity has risen by $640 billion since the end of third quarter of 2022 and is "unsustainable" when some central banks are trying to offload bonds they hold in a process known as quantitative tightening. The Federal Reserve in March loosened financial conditions with an emergency credit facility for cash-starved banks, Japan's central bank is still buying government bonds to push money into the system, and the European Central Bank is selling down the government bonds it holds at a relaxed pace.  ( 9 min )
    4 big analyst cuts: Affirm slapped with sell rating on macro concerns
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Initiation at Affirm, downgrades at Ballard Power Systems, Catalent, and California Water Service. BTIG initiated coverage on Affirm (NASDAQ:AFRM) with a Sell rating and a price target of $10.00. While noting that Affirm is a leading buy-now-pay-later operator which has exhibited strong gross merchandise volume growth since its IPO, BTIG said that the company’s business model is under pressure as we enter a new stage in the macro environment where discretionary spend is tightening quickly.  ( 7 min )
    Big Investors Are Getting Nervous About This Market. This Is Why.
    Many investors are aggressively buying call options right now. Think of it as the equivalent of them holding their noses and buying stocks.  ( 22 min )
    XRP reverses gains after document release in SEC lawsuit vs Ripple
    Prices of XRP, which powers some of Ripple Labs’ payment services, reversed gains that followed the release of internal SEC documents related to the lawsuit against Ripple.  ( 8 min )
    Exclusive-Amazon's cloud unit is considering AMD's new AI chips
    Amazon Web Services, the world's largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has not made a final decision, an AWS executive told Reuters. The remarks came during an AMD event where the chip company outlined its strategy for the AI market, which is dominated by rival Nvidia Corp. Despite AMD disclosing some technical specifications for an AI chip coming later this year that could in some ways beat Nvidia's best current offerings on some metrics, the news sent shares down after AMD did not disclose a flagship customer for the chip.  ( 7 min )
    Dow Jones Futures: Nasdaq Looks Extended As Fed Decision Looms; What Investors Need Now
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    Home prices are set to tumble in the 2nd half of 2023 as mortgage rates rebound and the economy slows, economists say
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  • Open

    The Fed Paused Rate Hikes: Here's What It Means for Money Market Accounts
    The Fed hit the brakes on its rate-hiking cycle at Wednesday's meeting. Discover the implications for money market accounts.  ( 16 min )
    Corporation: What It Is and How to Form One
    A corporation is a legal entity that is separate and distinct from its owners and has many of the same rights and responsibilities as individuals.  ( 23 min )
    Financial Therapy Definition
    Financial therapy merges finance with emotional support to help people cope with financial stress.  ( 20 min )
    Certified Check vs. Cashier’s Check: Differences
    Cashier's checks and certified checks are both official bank-issued payments that offer more security than personal checks, but one may be safer.  ( 22 min )
    How Central Banks Can Increase or Decrease Money Supply
    Central banks use various methods to change the money supply, such as adjusting reserve requirements, changing interest rates, and adjusting the fed funds rate.  ( 23 min )
    Top CD Rates Today, June 14, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Single vs. Double vs. Triple Net Leases: What's the Difference?
    A triple net lease (NNN) helps landlords reduce the risk in a commercial lease. Additional types of commercial leases include single net leases (N) and double net leases (NN).  ( 23 min )
    Markets End Mixed on Wednesday, June 14, 2023 on Fed Rate Forecast, Healthcare Sector Stock Moves
    Markets ended mixed on forecast the Fed may pause rate increases, and declines in healthcare stocks.  ( 16 min )
    Dow Jones Today: Index Falls on Fed’s ‘Pause’
    The Dow fell 230 points after the Fed holds rates steady, but hints more rate hikes to come  ( 17 min )
    Where Should My Savings Be Right Now?
    Rates on bank accounts and CDs have already surged to their highest level in almost 16 years, and may rise further, giving you many options to earn 5% or more on your cash.  ( 20 min )
    How to Apply for a Mortgage Loan
    If you've found your next home and it's in your budget, you're likely going to want to know how to apply for a mortgage loan. Read on to learn how.  ( 22 min )
    UnitedHealth Warns About Rising Costs for Seniors' Surgeries, and Shares Sink
    UnitedHealth shares tumbled after warning that more seniors are choosing to have elective surgeries, driving up costs.  ( 16 min )
    IEA Expects Oil Demand Could Peak by the End of the Decade
    The International Energy Agency says global oil demand could peak by 2028.  ( 17 min )
    Where Are CD Rates Headed This Year?
    Already-high rates on certificates of deposit may not have reached their peak, a closely-watched indicator of future interest rates suggests.  ( 15 min )
    Regional Check Processing Center (RCPC) Definition
    A Regional Check Processing Center (RCPC) is a local Federal Reserve facility where checks that are drawn on depository institutions are processed overnight.  ( 19 min )
    Early Withdrawal Penalties for Traditional and Roth IRAs
    Early withdrawals from an IRA trigger taxes and a 10% penalty. But sometimes, early distributions are tax free and penalty free.  ( 26 min )
    World's Top 10 Hedge Funds
    Ready for the high-risk, high-return hedge fund investments? Here is a list of the top hedge fund investment firms.  ( 26 min )
    The Fed Paused Rate Hikes, Here's What It Means for High-Yield Savings Accounts
    The Fed funds rate was untouched this month, putting neither upward nor downward pressure on the rates banks offer on high-yield savings accounts.  ( 14 min )
    VantageScore: Definition, Range, vs. FICO Score
    VantageScore is a consumer credit rating product similar to the FICO score. It is used by many creditors to assess the risk of lending money to a potential borrower.  ( 24 min )
    Utilization Fee: Definition, Example, vs. Commitment Fee
    Lenders can charge utilization fees when borrowers use more than a certain percentage of their available credit on a revolving line or term loan.  ( 22 min )
    Deficit Net Worth: Definition, Causes, Example & Ways to Avoid
    Deficit net worth occurs when an individual or a company's total liabilities exceed their total assets.  ( 22 min )
    Uniform Consumer Credit Code (UCCC): Definition, Purpose, States
    The Uniform Consumer Credit Code (UCCC) provides guidelines for laws related to the all types of credit products. It has been enacted by 11 states.  ( 22 min )
    Why Brokered CDs Offer Higher Rates
    Brokered CD rates tend to surpass those of traditional bank and credit union offerings. Find out why brokerage firms are willing to pay a better return on CDs.  ( 17 min )
    Hard Inquiry: Definition, How It Works, Impact on Credit Score
    A hard inquiry is a type of credit information request that includes a borrower’s full credit report and deducts points from a borrower’s credit score.  ( 24 min )
    Do You Need Life Insurance in Retirement?
    Whether you need life insurance in retirement depends on how much debt you have, your inheritance goals, and if you have dependents who still rely on you.  ( 25 min )
    The Fed Paused Rates, Here's What It Means for CDs
    The Federal Reserve neither raised nor lowered its benchmark interest rate Wednesday meeting—put neither upward nor downward pressure on the rates banks offer on certificates of deposit.  ( 16 min )
    American Customer Satisfaction Index (ACSI) Definition
    The American Customer Satisfaction Index (ACSI) is an economic indicator based on a survey of U.S. consumers about products and services they use.  ( 20 min )
    Do I Need Rental Car Insurance?
    Yes, you do. But you may be able to get some coverage through your personal auto policy or a credit card. Here's how to decide when it's worth it to pay for coverage.  ( 23 min )
    Federal Reserve Hits 'Pause' On Campaign of Anti-Inflation Rate Hikes
    In a widely expected move, the central bank held the fed funds rate unchanged Wednesday.  ( 16 min )
    Customer: Definition and How to Study Their Behavior for Marketing
    A customer is a person or business that purchases the goods or services of another business. Learn how companies study customers and the importance of customer service.  ( 21 min )
    Investopedia Financial Review Board
    Learn more about Investopedia's Financial Review Board, who’s on it, and how articles on Investopedia are reviewed.  ( 27 min )
    How Toyota Makes Money: Vehicle Sales, Financial Services, and More
    The largest carmaker in the world is also one of the largest companies across any industry. Here is how Toyota makes money.  ( 22 min )
    All About Fibonacci Extensions: What They Are, How To Use Them
    Fibonacci extensions are a method of technical analysis commonly used to aid in placing profit targets.  ( 22 min )
    What Is Risk Management in Finance, and Why Is It Important?
    In the financial world, risk management is the process of identification, analysis, and acceptance or mitigation of uncertainty in investment decisions.  ( 27 min )
    Clean Sheeting Definition
    Clean sheeting is the fraudulent act of purchasing a life insurance policy without disclosing a pre-existing terminal illness or disease.  ( 19 min )
    US Equities Mixed at Midday as Healthcare Stocks Drive Market Movement
    U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.  ( 16 min )
    Top Cannabis Stocks for June 2023
    Top cannabis stocks in June include SNDL Inc., TerrAscend Corp., and Curaleaf Holdings Inc., which together lead the industry in revenue growth.  ( 20 min )
    Wholesale Inflation Falls as Gas Prices Tumble
    Producer prices fell more than economists expected in May as gasoline costs declined.  ( 16 min )
    Pros and Cons of Dark Pools of Liquidity
    Dark pools of liquidity allow big investors to trade away from the public eye. They limit market impact but may leave small investors in the cold.  ( 19 min )
    Vodafone and CK Hutchison Merge UK Mobile Operations
    Vodafone and CK Hutchison said they would merge their U.K. mobile phone businesses.  ( 16 min )
    3 Top Vanguard Fixed-Income Funds
    Discover three Vanguard fixed-income funds that have historically outperformed their benchmark indexes, and learn about their characteristics.  ( 24 min )
    Schedule 14C Definition
    Schedule 14C lays out certain disclosure requirements for companies with securities registered with the Securities and Exchange Commission.  ( 19 min )
    Record Rates Make CDs a Smart Place to Invest Your Tax Refund
    Top CD rates range from 4.68% to 5.35% APY—higher than they've been in years. If you're getting a tax refund, investing in a top CD could lock in a high rate for a long time.  ( 18 min )
    Warning Signals in U.S. Commercial Office Markets Haven't Stopped Flashing
    U.S. commercial office property faces an array of problems, meaning more pain lies ahead for a market that already has lost a third to half of its value.  ( 20 min )
    Section 1231 Property: Definition, Examples, and Tax Treatment
    Section 1231 refers to the tax on a gain from the sale of a depreciable business property that has been held for over a year.  ( 24 min )
    How Does the Law of Supply and Demand Affect Prices?
    Learn how the law of supply and demand affects prices, whether supply remains the same and demand increases or vice-versa, plus the exceptions to the rule.  ( 24 min )
    Is Now a Good Time To Get a Money Market Account?
    Money market accounts offer high interest rates for savers right now, but with the Fed expected to pause rate hikes today, it might be a better time to consider a CD.  ( 17 min )
    Aa2 Definition
    Aa2 is the third-highest long-term credit rating that Moody’s assigns to fixed income securities that are of high quality with very low credit risk.  ( 18 min )
    Latvian Lats (LVL) Definition
    The Latvian lats (LVL) was the national currency of the Republic of Latvia, a Baltic nation that is a member of the European Union.  ( 18 min )
    Term of the Day: Early Withdrawal Penalty
    With the Fed’s decision on interest rates due today, you may want to lock in higher yields with a CD. But if you tap the funds early, it will trigger early withdrawal penalties.  ( 17 min )
    Top Financial Stocks for June 2023
    These are the financial stocks with the best value, fastest growth and most momentum for June.  ( 21 min )
    Why a CD May Not Be Right For You Right Now
    Opening a CD should be decided based on when you'll need the money and whether you think interest rates will rise or fall in the future.  ( 18 min )
    Gearing Ratios: What Is a Good Ratio, and How to Calculate It
    A gearing ratio measures a company's financial leverage. Although gearing ratios vary by industry, there are some guidelines for what's a good, bad, or normal gearing ratio.  ( 22 min )
    Home Appraisal: What it is, How it Works, FAQ
    A home inspection is an examination of the condition and safety of a piece of real estate, often conducted when the home is being sold.  ( 25 min )
    With Banks Facing Threats, Where Should a Small Business Keep Large Deposits?
    Experts say businesses have a lot of options for storing their money safely—and they don’t necessarily involve stashing their cash with “too-big-to-fail” megabanks.  ( 18 min )
    5 Things to Know Before Markets Open
    The Federal Reserve will announce its decision on interest rates and AMD is releasing a new GPU chip in a challenge to Nvidia. Here’s what investors need to know today.  ( 18 min )
    The Stock Market Crash of 1929 and the Great Depression
    The Roaring Twenties saw an abrupt end in 1929 when the stock market crashed, fueling the Great Depression and sparking a nearly 90% loss in the Dow.  ( 26 min )
    What Changes in Working Capital Impact Cash Flow?
    Working capital is the amount of money a company has available to pay its short-term expenses. Cash flow is the amount of money going in and out of the company.  ( 22 min )
    What Is Wholesale Banking? Types of Services and Example
    Wholesale banking includes banking services such as currency conversion and large trade transactions between investment banks and other large institutions.  ( 25 min )
    Best Online Brokers and Trading Platforms of 2023
    Here are the best online brokerage accounts and trading platforms with low costs and fees plus the best trading experience, mobile apps, and more.  ( 34 min )
    Demand Draft: What It Is and How It Works Versus Checks
    A demand draft is a method used by individuals to make transfer payments from one bank account to another.  ( 23 min )
    How a Roth IRA Fits Into Your FIRE Plan
    Roth IRAs can be useful vehicles for FIRE planning. In this guide, we’ll explain why and how to use them.  ( 22 min )
  • Open

    Prijs vakantiehuisje stijgt door naar dik 220.000 euro
    De gemiddelde prijs van een recreatiewoning steeg afgelopen jaar met 25 procent tot bijna 223.000 euro. Met name huizen in de buurt van water zijn gewild en drijven de gemiddelde prijs op.  ( 3 min )
    Amerikaanse centrale bank pauzeert tijdelijk verhoging rente
    De Amerikaanse Federal Reserve (Fed) maakt even pas op de plaats met het verhogen van de rente in de strijd tegen de inflatie. De Amerikaanse centralebankenkoepel had daarvoor tien keer op rij de rente verhoogd. Mogelijk kan er wel een verdere renteverhoging in juli komen.  ( 4 min )
    De gasprijs schiet ineens weer omhoog, wat is er aan de hand?
    De prijs van gas schoot de afgelopen weken in korte tijd flink de hoogte in. Begin deze maand kostte een megawattuur nog 23 euro, inmiddels wordt bijna de 40 euro aangetikt. Hoe kan dat? En wat betekent het voor je energierekening?  ( 5 min )
    Kinderbijslag komende kwartalen een beetje lager
    De kinderbijslag gaat de komende kwartalen omlaag. Het gaat om een bedrag van 8 tot 11,50 euro per kind per kwartaal.  ( 3 min )
    Amsterdam oogt stuk realistischer in nieuwe 3D-weergave op Google Maps
    In Google Maps zijn vernieuwde 3D-beelden te zien van Amsterdam. Dat moet ervoor zorgen dat de stad een stuk realistischer oogt in de app.  ( 3 min )
    Rusland heeft export van olie naar Noord-Korea hervat
    Rusland heeft in december de export van olie naar Noord-Korea hervat. Dat blijkt uit gegevens van de Verenigde Naties. Het gaat om de eerste leveringen sinds 2020. De twee landen zijn bezig de banden aan te halen sinds de Russische invasie van Oekraïne.  ( 2 min )
    BCC zet mes in personeelsbestand en verkleint winkelassortiment
    Elektronicaketen BCC wil verder met kleinere winkels met minder assortiment. Ook is afgelopen maand een kwart van de 190 medewerkers op het hoofdkantoor ontslagen. Dit moet helpen om weer winst te behalen.  ( 3 min )
    Google hangt miljardenboete boven het hoofd vanwege misbruik op reclamemarkt
    De Europese Commissie verdenkt Google ervan zijn macht op de online reclamemarkt te misbruiken. Het Amerikaanse bedrijf moet vrezen voor een boete die tot in de miljarden euro's kan oplopen.  ( 3 min )
    Turkse president Erdogan wijkt niet af van omstreden rentebeleid
    De Turkse president Recep Tayyip Erdogan blijft vasthouden aan zijn bekritiseerde monetaire beleid om de rente laag te houden. "Mensen moeten niet de misvatting hebben dat de president op weg is naar een serieuze verandering in het rentebeleid. Ik ben hetzelfde."  ( 3 min )
    NU+ | Geld uit stopcontact: hoe kan het dat stroomprijzen soms negatief worden?
    De torenhoge aardgasprijs zorgde er vorig jaar voor dat ook de prijs van elektriciteit recordhoogtes bereikte. Tegelijk zorgden goedkope zonne- en windstroom soms juist voor bodemprijzen. Dit jaar was de stroomprijs op de groothandelsmarkt al 125 uur negatief: wie stroom wilde inkopen, kreeg geld toe. Hoe kan dat?  ( 5 min )
    Koers roebel naar laagste punt in ruim een jaar door dalende olieprijs
    De waarde van de Russische roebel is gezakt naar het laagste punt sinds april vorig jaar. Voor een dollar moet je nu 84,46 roebel neerleggen. De munt daalde onder meer doordat olie minder duur is geworden.  ( 3 min )
    Gokkast verdwijnt uit het straatbeeld
    De eenarmige bandiet, zoals de gokkast in een ver verleden werd genoemd, verdwijnt uit het straatbeeld. In steeds minder horecazaken staat er eentje, blijkt uit cijfers die NU.nl opvroeg bij de Kansspelautoriteit.  ( 3 min )
    Shell wil met nieuwe plannen vooral aandeelhouders pleasen
    Shell gaat kosten besparen, eigen aandelen inkopen en meer dividend uitkeren aan zijn aandeelhouders. Dat alles moet ertoe leiden dat de aandeelhouders blijer zijn met het bedrijf.  ( 3 min )
    Uitkomst onderzoek naar explosies Nord Stream in het najaar verwacht
    Zweden hoopt dit najaar te kunnen zeggen wie er achter de explosies zat van de Nord Stream-gasleidingen. Dat heeft de leider van het onderzoeksteam gezegd in een interview met de Zweedse radio.  ( 3 min )
    Shell wil met nieuwe strategie vooral aandeelhouders pleasen
    Shell gaat kosten besparen, eigen aandelen inkopen en meer dividend uitkeren aan zijn aandeelhouders. Dat alles moet ertoe leiden dat de aandeelhouders blijer zijn met het bedrijf.  ( 3 min )
    Moederbedrijf Albert Heijn verdient steeds meer aan reclame en data
    Ahold Delhaize, het moederbedrijf van supermarktketens Albert Heijn en Delhaize, verdient steeds meer geld met andere activiteiten dan het verkopen van boodschappen. Advertentieverkoop op de eigen sites en het doorverkopen van data over consumentengedrag moeten in 2025 zo'n 1 miljard euro in het laatje brengen.  ( 3 min )
    NS meldt zich op de valreep ook voor internationaal treinen
    De NS heeft bij toezichthouder ACM een aanvraag ingediend om ook na 2025 internationale treinen te blijven rijden. Dat was nodig, want wie na dat jaar treinen wil laten rijden naar bijvoorbeeld Parijs of Londen, moest dat voor vandaag laten weten.  ( 3 min )
    Kantelpunt lijkt bereikt: boodschappen worden niet meer duurder
    De prijsstijging van de basisboodschappen lijkt ten einde. In de afgelopen twee jaar werd een kar gevuld met 55 zogenoemde basisproducten 30 procent duurder. In de eerste maanden van dit jaar werd dezelfde kar al een paar keer iets voordeliger. Dat blijkt uit cijfers van marktonderzoeker GfK die NU.nl opvroeg.  ( 4 min )
  • Open

    Markets End Mixed on Fed Rate Forecast, Healthcare Sector Stock Moves
    Markets ended mixed on forecast the Fed may pause rate increases, and declines in healthcare stocks.  ( 1 min )
    Dow Jones Today: Index Falls on Fed’s ‘Pause’
    The Dow fell 230 points after the Fed holds rates steady, but hints more rate hikes to come  ( 1 min )
    US Equities Mixed at Midday as Healthcare Stocks Drive Market Movement
    U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve will announce its decision on interest rates and AMD is releasing a new GPU chip in a challenge to Nvidia. Here’s what investors need to know today.  ( 1 min )
  • Open

    UnitedHealth Warns About Rising Costs for Seniors' Surgeries, and Shares Sink
    UnitedHealth shares tumbled after warning that more seniors are choosing to have elective surgeries, driving up costs.  ( 1 min )
    Vodafone and CK Hutchison Merge UK Mobile Operations
    Vodafone and CK Hutchison said they would merge their U.K. mobile phone businesses.  ( 1 min )

  • Open

    Insiders Pour Millions Into These 2 Stocks, J.P. Morgan Says They Have up to 175% Upside — Here’s Why You Should Pay Attention
    The investing game can appear complicated as there are many issues to consider before leaning into a stock: Is the time right to load up? Are the shares overvalued? Will a beaten-down stock ever recover? All of these concerns are valid, but there are ways to simplify the process, such as examining insiders’ actions. By insiders, we refer to corporate officers who operate “on the inside” and are responsible for the performance of the companies they work for. After all, they have knowledge not ava  ( 10 min )
    The stock rally will end soon, recession will hit, and the Fed won't hike interest rates again, markets guru Jeremy Siegel predicts
    No content preview
    Wall Street’s biggest bull called this year’s stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’
    Fundstrat’s Tom Lee is known for his bullish takes. He called a 20% S&P 500 rebound this year, and it’s up over 14% so far.  ( 8 min )
    Gen Z is incredibly ambitious. They’re just not interested in climbing your corporate ladder
    Young workers and their efforts to redefine what success looks like will significantly transform how companies retain and develop talent.  ( 11 min )
    Coca-Cola vs. Pepsi Business Models: What's the Difference?
    Understand more about The Coca-Cola Company and PepsiCo. Learn about the key similarities and differences that have made both companies good investments for years.  ( 22 min )
    Commercial real estate troubles are so pronounced that Goldman Sachs’ CEO says even a soft landing won’t prevent ‘pain’
    "Commercial real estate has come under pressure" says Goldman Sachs CEO David Solomon.  ( 8 min )
    Fatal Accident at Ohio BP-Husky Refinery — Preliminary Report Indicates Managers Ignored Warning Signs
    A preliminary report by the U.S. Chemical Safety and Hazard Investigation Board suggests that supervisors at the Ohio BP-Husky refinery continued to run the plant despite several malfunctions and a petroleum spill hours before an accident that killed two workers last year. The report, posted following The Wall Street Journal article about the preliminary findings, says that a morning valve failure resulted in a large spill of highly flammable naphtha in September 2022. Thus managers had to shut  ( 7 min )
    How IBD Stock Of The Day Shockwave Is 'Cracking' The Code To Another Breakout
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    Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years?
    I recently attended a retirement seminar at a local community college where the instructor talked about potentially higher tax rates in retirement due to the new RMD age. I have been under the impression throughout my saving career that tax … Continue reading → The post Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years? appeared first on SmartAsset Blog.  ( 10 min )
    Plug Power Stock Drawing Option Bulls Ahead of Investor Day
    The hydrogen fuel cell name issued upbeat 2023 sales guidance  ( 6 min )
    US Plans to Buy 12 Million Barrels of Oil for Reserve This Year
    (Bloomberg) -- The US plans to purchase about 12 million barrels of oil this year as it begins to refill its depleted emergency reserve amid falling crude prices, according to two people familiar with the matter. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesArm Courts Intel as Anchor Investor in Upcoming IPOPutin’s Economic Forum Pu  ( 7 min )
    Inflation is 4%. Combat It With a 6-Month CD That Pays 5.65%
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    Warren Buffett's Japan bets have nearly tripled in value to north of $17 billion in under 3 years
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    3 REITs Hit With New Downgrades To Start The Week
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    Nio Succumbs To Tesla's Price War
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    If the stock hits $190.734, the company will notch a historic $3 trillion market value.  ( 22 min )
    Toyota introduced an ambitious new EV strategy
    Toyota Motor Corp. has announced plans to roll out a new line of solid-state batteries that will give its electric vehicles (EVs) a longer range and trim production costs.  ( 8 min )
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    Analyst Report: Perrigo Company PLC
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    Stocks higher after inflation data shows price increases cool: Stock market news today
    The May CPI report out Tuesday showed price increases continue to moderate, likely securing a pause in the Federal Reserve's rate hiking campaign that has pushed interest rates to the highest level since 2007.  ( 7 min )
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    The U.S. Department of Defense announced a new $2.1 billion security assistance package for Ukraine. The package includes funding for additional munitions for Patriot air defense systems, HAWK air defense systems and missiles, Puma unmanned aerial systems, laser-guided rocket system munitions, 105 mm and 203 mm artillery rounds as well as support for training and maintenance. The new funding is being provided under the Ukraine Security Assistance Initiative (USAI). “This USAI package illustrates  ( 9 min )
    BA Stock In Buy Zone As Boeing Deliveries Grow Ahead Of Paris Air Show
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    Tesla and Apple aren't the only stocks on a sizzling run — check out airline stocks
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    ZIM Integrated Shipping Services, Nikola Corp, and CIRCOR International lead for value, growth, and momentum, respectively  ( 21 min )
    Tesla Stock Gains for 13th Day. The Reason Is a Headscratcher.
    The increase in Tesla's market capitalization over the past 13 days is getting very close to the entire market cap of Toyota.  ( 22 min )
    Bill Gates falls another notch on the world’s billionaire list, as AI takes Larry Ellison higher
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    US Inflation Report Signals Fed Rate Pause Will Become a Full Stop
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    Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas
    Tyson Foods will lay off 228 corporate employees in Illinois who declined to relocate to the meatpacker's Arkansas headquarters, eliminating about 46% of the total staff from two offices, the company confirmed on Tuesday. Employees have resisted a decision to consolidate corporate offices, which Tyson announced in October, as the company grapples with high costs for cattle and easing demand for meat from cash-strapped consumers. Tyson will eliminate 177 employees from an office in downtown Chicago and 51 employees in suburban Downers Grove, Illinois, starting on July 31, according to the state.  ( 7 min )
    'We Have A Storm Coming': Macro Expert Barry Knapp Just Warned That The System Is About To Have A 'Liquidity Shock' — Here Are 3 Defensive Moves He Likes Now
    With the S&P 500 rising more than 20% from its lows in October 2022, the benchmark index is now officially in a bull market. But according to Barry Knapp, managing partner at Ironsides Macroeconomics, danger could be looming in the distance. The macro expert is concerned about a recession. “The probability of a recession is much higher in mid-2023 than it was in 1994,” Knapp said in a recent CNBC interview. Knapp drew the comparison with 1994 because that’s when the Federal Reserve had another a  ( 9 min )
    High-tech pizza company that raised nearly $500 million and would cook a pie in transit is reportedly broke
    Softbank-backed Zume looks to sell off its assets.  ( 6 min )
    GameStop Stock Is Rallying. Exec Chair Ryan Cohen Bought $10 Million in Shares.
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    Fed Meeting: 'Hawkish Pause' May Cap Upside For S&P 500
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    Stock Market Fades After Jumping On Inflation Data. Nvidia, Apple, Tesla Share Amazing Milestones.
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    Apple downgraded, Oracle upgraded: Wall Street's top analyst calls
    Apple downgraded, Oracle upgraded: Wall Street's top analyst calls  ( 8 min )
    Ryan Cohen scoops up GameStop stock worth $10 million, shares rise
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    Shark Tank billionaire Mark Cuban backs Bud Light over transgender controversy: ‘It’s good business’
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    Dow Jones Futures Rise On Cool CPI Inflation Data; Cathie Wood Sells $92 Million Of Tesla Stock
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    I Want to Retire at 55; How Long Will $2.5 Million Last Me?
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    Are Taxes on a Trust Inheritance Going to Cost Me a Fortune?
    When making an estate plan, using a trust is a way to make passing assets - including both cash and physical assets - a bit easier. In fact, when using a trust, you can often allow your family to avoid … Continue reading → The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.  ( 8 min )
    US consumer prices slow in May; core inflation sticky
    U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price pressures remained strong, supporting views that the Federal Reserve would keep interest rates unchanged on Wednesday while adopting a hawkish posture. The Consumer Price Index (CPI) increased 0.1% last month as gasoline prices fell, the Labor Department said on Tuesday. The CPI gained 0.4% in April.  ( 7 min )
    Cathie Wood Cashes In Tesla Stock As It Hits 12-Day Winning Streak
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    Inflation: Consumer prices in May rose at slowest annual rate since April 2021
    Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday morning.  ( 6 min )
    Shoplifting Is Getting Worse. Retailers Are Fighting Back.
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    AMD, Nvidia, C3.ai, and Other AI Stocks Rise After Oracle’s Earnings
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    XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing
    Hinman suggested in his 2018 speech that bitcoin (BTC) and ether (ETH) were not securities, in his view.  ( 7 min )
    If the dot-com boom is AI's analogue, the boom is just beginning
    The current 'AI bubble' is nowhere close to how things looked in the dot-com era.  ( 8 min )
    Bunge, Viterra to Merge to Create Global Agribusiness Giant
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    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Campbell Soup Co.
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    Analyst Report: Pinnacle West Capital Corp.
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    Market Digest: AEE, CPB, PNW
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    AMD likely to offer details on AI chip in challenge to Nvidia
    Advanced Micro Devices on Tuesday is expected to reveal new details about an AI "superchip" that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market. AMD Chief Executive Lisa Su will give a keynote address at an event in San Francisco on the company's strategy in the data center and AI markets. Analysts expect fresh details about a chip called the MI300, AMD's most advanced graphics processing unit (GPU), the category of chips that companies like OpenAI use to develop products such as ChatGPT.  ( 7 min )
    Climbing the Income Ladder: How Taxes Impact Different Salaries – 2023 Study
    Remote work has allowed skilled workers to mobilize and capitalize on the benefits of different areas of the U.S. After all, a $100,000 salary is worth far more in a place like Memphis than high-cost cities like New York and … Continue reading → The post Climbing the Income Ladder: How Taxes Impact Different Salaries – 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    Intel Could Be Investor in Chip Designer Arm’s Blockbuster IPO
    SoftBank-backed Arm is in talks with Intel as a potential strategic investor to anchor one of the year’s biggest initial public offerings, reports say.  ( 25 min )
    China Shifts to Stimulus Mode With Xi’s Options Dwindling
    (Bloomberg) -- China is ramping up policy stimulus to help boost its faltering economy, although soaring debt levels and concerns about financial stability mean the measures are likely to be limited compared with support packages in previous downturns. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files for BankruptcyArm Courts Intel as Anchor Investor in Upcoming IPOOil Traders Are Daring to Defy Market Ki  ( 10 min )
    Daily – Vickers Top Insider Picks for 06/13/2023
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    Daily – Vickers Top Buyers & Sellers for 06/13/2023
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    Analysis-Tesla taps brakes on job ads after Musk clamps down on hiring
    Tesla has tapped the brakes on aggressive job advertising in recent weeks since CEO Elon Musk directed executives to obtain his sign off on all new hires, a Reuters analysis shows. Daily changes to Tesla's U.S. career website, tracked by Reuters, show the number of job ads has dipped by about 4% since May 15, when Musk told executives to send him a list of hiring requests on a weekly basis and cautioned them to "think carefully" before submitting requests. The last time Tesla's job ads dipped by that magnitude, was in November, and the decline accelerated over the next three months, with Musk warning in January he expected a "pretty difficult recession".  ( 8 min )
    Analysis-GM could reap billions by building combustion trucks and SUVs through 2035
    General Motors has signaled in a series of recent announcements on plant retoolings that it plans to keep its largest and most profitable combustion trucks and SUVs in production longer than expected - another 10 to 12 years, according to analysts and suppliers. This should enable the automaker to reap tens of billions of dollars in additional profit, according to Reuters estimates, before it shifts completely to zero-emission electric vehicles in 2035. GM in November 2021 said it would switch to an all-electric fleet by 2035.  ( 9 min )
    Stock market today: Global markets higher ahead of US inflation, Fed rates decision
    Global stock markets and Wall Street futures rose Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike. Forecasters expect it to show inflation eased in May but still was double the Fed's 2% target despite interest rate hikes to cool business activity. Traders hope the Fed will skip another rate increase when its monthly board meeting ends Wednesday, but that might be complicated if inflation is higher than expected.  ( 8 min )
    C3.ai, Palantir, AMD, Nvidia Rise After Oracle Earnings Bring More AI Optimism
    Oracle stuck to its forecast of $65 billion in sales by 2026, but CEO Safra Catz says AI demand leaves the software company 'significant upside.'  ( 22 min )
    Time to Take Profits. Cathie Wood Sells Tesla, Nvidia Stocks.
    Cathie Wood's ARK Invest disclosed several transactions in three funds, Monday including sales of Tesla and Nvidia stocks.  ( 22 min )
    These Stocks Are Moving the Most Today: Oracle, Apple, Tesla, Home Depot, and More
    Oracle reports fiscal fourth-quarter earnings and revenue that top analysts' forecasts, Apple stock closes at a record high, and Tesla rises for a 12th consecutive session.  ( 22 min )
    European shares rise as miners, tech stocks jump
    The pan-European STOXX 600 index rose 0.5% as of 0715 GMT, with the rate-sensitive tech sector index up 1.5%. Investors were hopeful of U.S. inflation data releasing later in the day would likely show an easing in prices in May, further adding to bets that the Fed would skip hiking rates in its policy decision on Wednesday. Swedish industrial technology group Hexagon's shares gained 4.3%, after it announced a collaboration with the world's most valuable chip firm Nvidia Corp.  ( 6 min )
    China’s Surprise Rate Cut Fuels Expectations of More Easing
    China’s central bank surprised most economists and market participants by cutting a short-term policy interest rate, a sign that officials are increasingly concerned about faltering growth and are stepping up stimulus to boost the recovery.  ( 8 min )
    Shoplifting Is Getting Worse. 4 Ways Retailers Are Fighting Back.
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    Marketmind: China steals the show before US inflation
    The People's Bank of China (PBOC) managed to liven up the wait for Tuesday's highly anticipated U.S. consumer price inflation (CPI) data by lowering a short-term lending rate for the first time in 10 months. Several analysts had been expecting a cut to the one-year medium-term lending facility rate on Thursday, when the PBOC is widely expected to roll over maturing loans. Tuesday's 10 basis-point reduction to the seven-day reverse repo rate, however, promptly removed any lingering doubt about China's policy bent toward stimulus in the face of persistently weak economic data.  ( 6 min )
    First It Was Quiet Quitting, Now Workers Are Facing Off With Their Bosses
    Half of workers aren’t engaged on the job, and there is a growing share of the workforce that is resentful that their needs aren’t being met, Gallup says.  ( 28 min )
    Intel in talks to be anchor investor in Arm IPO - source
    Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters reported earlier in April. Arm's designs are used in the manufacturing of chips made by most of the world's major semiconductor companies, including Intel, AMD, Nvidia and Qualcomm. It was not immediately clear what impact any IPO investment by one or more of those companies would have on Arm's commercial relationships.  ( 7 min )
    Intel Is in Talks to Be an Anchor Investor in Chip Designer Arm’s IPO
    (Bloomberg) -- British chip designer Arm Ltd., backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings of the year, according to people familiar with the matter. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes  ( 8 min )
    FedEx pilots take another step toward 30% pay raise
    The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote. The post FedEx pilots take another step toward 30% pay raise appeared first on FreightWaves.  ( 8 min )
  • Open

    Toyota Shares Gain as the Carmaker Unveils New EV Plans
    Toyota shares rose after the carmaker announced new EV plans.  ( 1 min )
    Bunge and Viterra to Merge in $18 Billion Agribusiness Deal
    Bunge and Viterra agreed to merge in an $18 billion deal that will create an agribusiness giant valued at an estimated $34 billion.  ( 1 min )
    Oracle's Results Beat Estimates, Announces Generative AI Services
    Oracle posted better-than-expected earnings, a strong sales outlook, and announced plans to develop generative AI services.  ( 1 min )
  • Open

    Markets Gain as Slowing Inflation Increases Optimism of No Fed Rate Hike
    Markets gained on Tuesday, June 13, 2023, as slowing inflation raises hopes the Fed won't raise rates; cruise lines, energy stocks gain.  ( 1 min )
    Dow Jones Today: Inflation Down, Index Up
    The Dow Jones Industrial Average rose 0.4%, or about 145 points, after May’s inflation report encouraged investors the Federal Reserve will keep interest rates steady at least until July.  ( 1 min )
    Markets Rise Midday as Inflation News Raises Expectations of a Rate Hike Pause
    U.S. equities gained at midday on Tuesday, June 13, 2023 as lower inflation raised optimism the Fed could pause its rate hike cycle.  ( 1 min )
    5 Things to Know Before Markets Open
    The latest inflation figures are expected to show price pressures easing, and a jump in revenue helped push Oracle shares higher. Here’s what investors need to know today.  ( 1 min )
    Dow Jones Today: Index Climbs Ahead of Fed Decision
    The Dow Jones Industrial Average was higher by more than 180 points, marking five straight sessions in the green  ( 1 min )
    Tesla Shares Set a Record as Several EV Charging Firms Add Tesla Connectors
    Tesla's stock price rose on Monday for the 12th straight session, in its longest winning streak on record after several EV charging station firms added Tesla's connectors.  ( 1 min )
    Markets Advance on Optimism Fed Policymakers Will Skip a Rate Hike at This Week's Meeting
    Markets gained on Monday, June 12, 2023 on expectations that Fed policymakers will skip a rate hike at this week's meeting.  ( 1 min )
  • Open

    CO2-uitstoot gedaald doordat we zuiniger zijn met gas
    De Nederlandse uitstoot van CO2 was in de eerste drie maanden van dit jaar 3,3 procent lager dan in dezelfde periode vorig jaar. Dat komt vooral doordat we minder aardgas hebben verbruikt, blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Vakbonden en VDL Nedcar bereiken akkoord over sociaal plan rond ontslaggolf
    Vakbonden en VDL hebben dinsdag een akkoord gesloten over een nieuw sociaal plan voor werknemers van autofabriek Nedcar in Born. Dat was nodig vanwege de aangekondigde massaontslagen, maar het duurde weken voor de partijen het met elkaar eens waren.  ( 3 min )
    Gasprijs schiet opnieuw flink omhoog, derde sprong in acht dagen
    De prijs van gas is dinsdag met maar liefst 25 procent omhooggegaan. Dat komt doordat onderhoud aan Noorse gasinstallaties langer duurt dan verwacht. Het is de derde prijssprong in acht dagen.  ( 3 min )
    Scherpere regels STAP-budget: geen cryptocursus of snoepreisje meer
    Het moet moeilijker worden om het populaire STAP-budget te misbruiken voor een hobbycursus of andere studie die niets met werk te maken heeft. Het kabinet denkt aan het uitsluitend toestaan van opleidingen die de overheid heeft goedgekeurd.  ( 3 min )
    NU+ | Het is stil in de Metaverse, maar Apple kan zorgen voor nieuwe interesse
    Facebook-oprichter Mark Zuckerberg droomt van een virtuele toekomst. Je kunt de echte wereld achterlaten door een bril op te zetten en jezelf onderdompelen in een digitale wereld waarin alles mogelijk is. Tot nu toe loopt het nog geen storm. Maar misschien zorgt Apple voor een opleving.  ( 4 min )
    Transavia zette stagiairs in als cabinepersoneel
    Vliegmaatschappij Transavia heeft stagiairs ingezet als volwaardige cabinemedewerkers aan boord van vliegtuigen. Dat heeft de Nederlandse Arbeidsinspectie geconstateerd. Die wil de naam van de luchtvaartmaatschappij niet noemen, maar Transavia maakt zelf duidelijk het onderwerp te zijn.  ( 4 min )
    Van der Valk-hotels willen meer coronasteun van de overheid
    De hotels van Van der Valk vinden dat ze te weinig coronasteun hebben gekregen. In een zaak tegen de Staat betoogden ruim zestig hotels dat ze allemaal losse bedrijven zijn en dat ze ook op die basis coronasteun hadden moeten krijgen.  ( 3 min )
    Ritje in bus of tram dreigt volgend jaar fors duurder te worden
    Prijzen in het stad- en streekvervoer zijn volgend jaar waarschijnlijk 11,3 procent hoger dan dit jaar. Dat komt doordat vervoerders zelf meer kwijt zijn aan energie en lonen. Die hogere uitgaven willen ze verwerken in hun prijzen.  ( 3 min )
    Ondanks 'historische' loonstijging in cao's is het voor FNV nog niet genoeg
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    Luchtvaartmaatschappij zette stagiairs in als cabinepersoneel
    Een luchtvaartmaatschappij die in Nederland actief is, zette stagiairs in als volwaardige cabinemedewerkers aan boord van vliegtuigen. Dat heeft de Nederlandse Arbeidsinspectie geconstateerd. Die wil niet zeggen om welke maatschappij het gaat, noch of het om een Nederlandse maatschappij gaat.  ( 3 min )
    VN: Damdoorbraak Oekraïne leidt wereldwijd tot voedselproblemen
    De verwoesting van de dam in de Oekraïense rivier de Dnipro leidt tot grote problemen met de internationale voedselzekerheid, stellen de Verenigde Naties. Dat komt doordat er een enorme hoeveelheid water naar het zuiden van Oekraïne stroomt. Daar wordt veel graan verbouwd.  ( 4 min )
    Ook chocola ontkomt niet aan inflatie: cacao peperduur door matige oogst
    Chocoladerepen kunnen de komende tijd mogelijk nog duurder worden. Dat komt doordat de prijs van cacao is gestegen naar het hoogste punt in zeven jaar, meldt dataverzamelaar NielsenIQ. Vooral voor pure chocola moeten liefhebbers waarschijnlijk flink in de buidel tasten, omdat daar veel cacao in zit.  ( 3 min )
    Ondanks 'historische' loonstijgingen in cao's is het voor FNV nog zeker niet genoeg
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    Damdoorbraak raakt ook Oekraïense graanoogst
    De verwoesting van de dam in de Oekraïense rivier de Dnipro leidt tot grote problemen met de internationale voedselzekerheid, stellen de Verenigde Naties. Dat komt doordat er een enorme hoeveelheid water naar het zuiden van Oekraïne stroomt. Daar wordt veel graan verbouwd.  ( 4 min )
    Ondanks 'historisch' hoge loonstijgingen in cao's, is het voor FNV nog zeker niet genoeg
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    Cao-lonen over afgelopen zes maanden met gemiddeld 7,1 procent gestegen
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    PostNL geeft voor de tweede keer een cryptopostzegel uit
    PostNL brengt in het najaar een nieuwe cryptopostzegel uit. De 'crypto stamp' bestaat uit een echte postzegel die je zoals gewoonlijk ergens op kunt plakken en een digitaal deel.  ( 4 min )
    Nederland verloor afgelopen jaren geld door dure energie
    Nederland was de afgelopen twee jaar meer geld kwijt aan het importeren van goederen en diensten uit het buitenland. Dat kwam voornamelijk door de hoge energieprijzen.  ( 3 min )
    Nederlandse voedselproducenten zijn nog lang niet van het gas af
    Hoewel de energierekening de afgelopen tijd hoger is geworden, zijn Nederlandse voedselproducenten veel gas blijven verbruiken. Dat terwijl veel andere bedrijven wel hebben geminderd. Dat kan slecht uitpakken voor de voedingsproducenten, waarschuwt ING Research.  ( 4 min )
  • Open

    Will Getting a Student Loan Deferral Hurt My Credit Score?
    A student loan deferral can give you relief from your debts, but there can be long-term consequences to your credit score. Learn how deferrals affect your credit score.  ( 22 min )
    What's Better for my Savings Right Now, a Fixed or Variable Interest Rate?
    Whether a locked or changing rate on your savings is better depends on where the Fed rate is headed  ( 18 min )
    Dividend Policy: What It Is and How the 3 Types Work
    Dividend policy structures the dividend payout a company distributes to its shareholders. Stable, constant, and residual are three dividend policies.  ( 24 min )
    Cooling Inflation Could Mean a Lower Social Security Increase in 2024
    Lower inflation could mean a big drop in the Social Security cost-of-living adjustment (COLA) for 2024, according to the Senior Citizens League.  ( 16 min )
    Coca-Cola vs. Pepsi's Business Models: What's the Difference?
    Understand more about The Coca-Cola Company and PepsiCo. Learn about the key similarities and differences that have made both companies good investments for years.  ( 22 min )
    Understanding Different Loan Types
    Learn about the different types of loans available and find the one that will best suit your needs when it comes to borrowing money.  ( 25 min )
    Social Security Benefits for for Same-Sex Couples: History and How Survivors Benefits Work
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    Dow Jones Today: Inflation Down, Index Up
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    Markets Gain as Slowing Inflation Raises Hopes the Fed Won't Raise Rates
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    Top CD Rates Today, June 13, 2023
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    Toyota Shares Gain as the Carmaker Unveils New EV Plans
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    How To Join a Credit Union That Pays Top CD Rates Right Now
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    Skycoin (SKY) Definition
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    Taxes in Oregon for Small Business: The Basics
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    Leonardo DiCaprio's Net Worth—A Look Into the Actor's Green Business Empire
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    Financial Challenges for LGBTQ+ Service Members and Their Families
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    Inflation is 4%. Combat It With a 6-Month CD That Pays 5.65%
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    Do’s and Don’ts of Lending to Friends and Family
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    6 Reasons Healthcare Is So Expensive in the U.S.
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    What Is a Buy Here, Pay Here (BHPH) Car Dealership?
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    How to Open a Checking Account Online
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    Loans Terms: Specific Terms Defined & How to Negotiate Them
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    How Much Does Health Insurance Cost?
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    The New Bull Market Lures Individual Investors Back to Stocks
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    Top 3 U.S. Stock Market Indexes
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    Understanding Your Financial Aid Award Letter
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    Markets Rise Midday as Inflation News Raises Expectations of a Rate Hike Pause
    U.S. equities gained at midday on Tuesday, June 13, 2023 as lower inflation raised optimism the Fed could pause its rate hike cycle.  ( 16 min )
    Bunge and Viterra to Merge in $18 Billion Agribusiness Deal
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    Top Industrial Stocks for June 2023
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    Oracle's Results Beat Estimates, Announces Generative AI Services
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    Personal Loan Rates & Trends, Week of June 12: Rates Increase
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    What Happens to Your Bank Account After Death?
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    What Is a Living Wage? Definition, History, and How to Calculate
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    Term of the Day: Step-Up CD
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    30-Year New Purchase Mortgage Rate Falls, While Refi Rate Rises
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    Inflation Cools to 4% as Cost of Living Increases Simmer Down
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    Top REITs for June 2023
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    Gordon Growth Model (GGM) Defined: Example and Formula
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    Least Squares Method: What It Means, How to Use It, With Examples
    The least squares method is a statistical technique to determine the line of best fit for a model, specified by an equation with certain parameters to observed data.  ( 23 min )
    Annual Report Explained: How to Read and Write Them
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    What Happens to Your CD if Your Bank Fails?
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    Why You Should Have More Than One Savings Account Right Now
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    5 Things to Know Before Markets Open
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    Advisors: Approach High-Yield Accounts With Caution
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    What Is PEST Analysis? Its Applications and Uses in Business
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    Want to Work at a Hedge Fund? These Are the Top Entry-Level Jobs
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    How Medtronic Makes Money
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  • Open

    Wanda’s Billionaire Founder Fights to Save Empire After $40 Billion Wealth Destruction
    (Bloomberg) -- Just last year, billionaire Wang Jianlin had appeared to cement his reputation as one of the few remaining Chinese property tycoons to sidestep a wave of debt defaults sweeping the industry.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes Credit Suisse Takeover to Create Bank TitanMary Erdoes, JPMorgan’s B  ( 10 min )
    New Climate Laws Could Price Americans Out of Electric-Car Market, BYD Executive Warns
    (Bloomberg) -- BYD Co., China’s homegrown company that’s now become the world’s hottest maker of electric vehicles, has a warning for the US: New climate laws could end up backfiring and leave Americans paying more for EVs than the rest of the world. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes Credit Suisse Takeover  ( 11 min )
    Time to buy these utility stocks with double-digit upside potential, says Goldman Sachs
    The U.S. electric grid is undergoing a huge transformation and renewables have steadily become more widely adopted over the past decade. Adoption is set to continue at a brisk pace, says Goldman Sachs analyst Carly Davenport. Looking ahead, Davenport reckons that by 2032, over 45% of the U.S.’s power generation capacity will come from renewable sources and 6% from coal. That compares to a mix of 30%/16% today and 17%/27% in 2012, making the ongoing change very clear. With this as backdrop, boost  ( 11 min )
    Oracle Pushes to Record High as AI-Frenzy Spurs Cloud Demand
    (Bloomberg) -- Oracle Corp. reported quarterly revenue that topped estimates, signaling the software maker’s cloud business is benefiting from heightened demand for artificial intelligence workloads. Shares gained in extended trading.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallySilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Mary  ( 8 min )
    Brookfield to Buy Duke Renewables Unit for $2.8 Billion
    (Bloomberg) -- Brookfield Renewable agreed to buy a big portfolio of wind and solar farms from Duke Energy Corp. for $2.8 billion in a move intended to boost cash reserves.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files for BankruptcyArm Courts Intel as Anchor Investor in Upcoming IPOOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaChina Weighs Broad Stimulus With Property Support, Rate CutsDuk  ( 7 min )
    Recession will strike and stocks will drop - but the declines won't be half as bad as some fear, leading strategist says
    Seema Shah, the chief global strategist of Principal Asset Management, expects the US recovery to start next spring, and the AI craze to help stocks.  ( 7 min )
    Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers
    Housing is so expensive that middle-income buyers can only afford 23% of properties on the market, according to the National Associations of Realtors.  ( 7 min )
    Is TLRY Stock A Buy After Launching New Products And Another State Legalizing Marijuana?
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    Here are six ways the rich save big on taxes, from putting houses in trusts to guaranteeing inheritance for future generations
    What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.  ( 9 min )
    Why Many of Today’s Best CD Rates Are Found at Online Banks
    The nature of online banks enables them to pay higher rates than traditional banks, with the same federally insured safety.  ( 19 min )
    Beware this stock market rally because it's reminiscent of what led up to the 2008 crisis, JPMorgan Asset Management CIO says
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    Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy
    (Bloomberg) -- Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates and waning access to credit hit its cash position and made its debts unsustainable. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallySilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Mary  ( 6 min )
    Oracle Earnings, Revenue Top Estimates On Cloud Computing Growth
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    Morgan Stanley’s investment chief called 2022’s bear market, and he says stocks are still hibernating—he sees a 14% drop ahead
    “With the S&P 500 rally now crossing the 20% threshold, more are declaring the bear market officially over. We respectfully disagree," Wilson wrote Monday, arguing corporate earnings are set to fall.  ( 9 min )
    Oneok-Magellan Midstream Deal May Be in Trouble
    A big Magellan holder has come out against the $19 billion deal with Oneok that would create one of the largest energy pipelines in the U.S. Taxes are a key issue.  ( 22 min )
    Oracle beats quarterly revenue estimates on cloud services demand
    Oracle's push into the cloud computing market has started to bear fruit, helped by its acquisition of electronic medical records firm Cerner last year that has helped it better compete with industry giants like Microsoft and Amazon.com. The cloud and software company has also boosted its AI cloud offerings, including its partnership with Nvidia to make the chip company's AI software and chips available to Oracle customers via its cloud services. Analysts believe that given the company's partnership with Nvidia, Oracle Cloud Infrastructure (OCI) is well-positioned to become a major AI/ML development platform, which could be another leg of emerging growth.  ( 7 min )
    Tech leads market rally to start crucial week for US economy: Stock market news today
    Stocks rallied on Monday ahead of a key inflation reading on Tuesday and the Fed's latest policy announcement on Wednesday.  ( 7 min )
    AutoZone Stock Got Smacked After Earnings. It Could Be Time to Buy.
    Evercore ISI analyst Greg Melich upgraded the auto-parts retailer to Outperform from In-Line, raising his target for the stock price.  ( 22 min )
    Dow Jones Up As Oracle Pops On Upgrade; Elon Musk Mocks Short Call, Tesla Stock Gains
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    Jeff Bezos bought Amazon stock for the first time in more than 2 decades. He may be engaging in Elon Musk-style trolling.
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    The Soros Era Is Over on Wall Street
    George Soros has handed the reins of his empire to his 37-year-old son, Alex, marking the end of an era on Wall Street. For decades, Soros’s moves were scrutinized, followed and sometimes even imagined by rival traders.  ( 22 min )
    Berkshire Unit Liable for Millions in Damages Over Oregon Fires
    (Bloomberg) -- A Berkshire Hathaway Inc. unit is liable for destruction caused by the 2020 Labor Day Fires in Oregon, a jury concluded, exposing energy company PacifiCorp to potentially more than $1.5 billion in damages.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallySilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Mary Erdoes, JPMorg  ( 8 min )
    Boeing Stock Flies Into Buy Zone
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    Citigroup Warns Bond Traders Are Misreading Inflation Ahead of CPI
    (Bloomberg) -- Bond traders are underestimating how much Tuesday’s Consumer Price Index report will show the inflation rate dropped last month, according to Citigroup Inc. strategist Raghav Datla.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanSilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Morgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyMary Erdoes, JPMorgan’s Billionaire Whisper  ( 7 min )
    What Could Knock Stocks Back Into a Bear Market
    At just over 4300, the S&P 500 has risen about 20% from its closing low in last year's market downturn, putting it technically in bull-market territory.  ( 22 min )
    US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
    In 2022, more of the non-withheld tax payments had been processed in May, in part because of Internal Revenue Service staffing issues, and capital gains taxes associated with the 2021 tax year were more substantial a year ago at that time. Through the first eight months of the fiscal year, which began in October, the Treasury reported a cumulative deficit of $1.165 trillion, up from $426 billion a year earlier. President Joe Biden on June 3 signed legislation suspending the $31.4 trillion cap on U.S. debt until January 2025, after striking a deal with congressional Republicans with just two days to spare before the government was due to run short of the funding needed to cover all of its bills.  ( 6 min )
    Carnival stock jumps on analyst upgrade with cruise recovery 'now stable'
    Carnival stock soared on Monday as the cruise line got an upgrade to Buy from Neutral by Bank of America analysts. "The cruise recovery is now stable," Bank of America analyst Andrew Didora said.  ( 8 min )
    Morgan Stanley Says You Should ‘Play Defense' With These Income-Producing Assets
    Is it time to play defense? Economists have a fairly simple story to tell about the 2023 economy: things are weird. Inflation raged out of control in 2022, but has been falling in 2023. A volatile stock market remains below its … Continue reading → The post Morgan Stanley Says You Should ‘Play Defense' With These Income-Producing Assets appeared first on SmartAsset Blog.  ( 11 min )
    Adobe Stock Extends an AI Rally. Wall Street Is Bullish Ahead of Earnings.
    Analysts at Morgan Stanley, Jefferies, and Evercore ISI all raised their target prices on Adobe stock on Monday, citing the outlook for the software company's artificial-intelligence operations.  ( 22 min )
    CPI preview: Inflation expected to have cooled further in May ahead of Fed decision
    Investors will turn their attention to critical data that will help determine the future of Federal Reserve policy: The May Consumer Price Index.  ( 7 min )
    Analyst Report: United Airlines Holdings Inc
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    KeyCorp Stock Tumbles. Here’s Why It’s One of the S&P 500’s Leading Decliners.
    KeyCorp's chief financial officer shared revised guidance on net interest income for the second quarter, and investors aren't pleased.  ( 22 min )
    Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
    In 1965, a middle-aged couple in Omaha, Nebraska, faced a common yet challenging predicament: how to effectively plan for retirement. Dorothy and Myer Kripke had diligently saved and received a modest inheritance, placing them well ahead of their peers in terms of retirement planning. By that year, their savings amounted to approximately $67,000, which, when adjusted for inflation, would equate to around $650,000 today. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision F  ( 8 min )
    Ark Invest's Cathie Wood Is Betting Big On AI With These 4 Stocks — Including One That Could Skyrocket 750%
    Ark Invest’s Cathie Wood is known for investing in disruptive innovation. The super investor has placed big bets on artificial intelligence (AI), which is widely regarded as one of the most disruptive and transformative technologies today. Speaking of AI stocks, it’s hard to ignore what Nvidia Corp. (NASDAQ: NVDA) has been doing. Shares of the chipmaking giant have surged 165% so far this year, and the company crossed $1 trillion in valuation at one point. Ark Invest’s flagship fund Ark Innovati  ( 9 min )
    GameStop Stock Rallies After Two Directors Bought Shares
    The stock fell about 18% on Thursday after the videogame company disclosed disappointing financial results and the firing of CEO Matt Furlong.  ( 22 min )
    Broadcom Might Receive European Approval For $61B VMware Deal, UBS Closes Credit Suisse Takeover, Illumina CEO Steps Down Amid Activist Investor Carl Icahn's Pressure: Today's Top Stories
    Reuters Broadcom Most Likely To Receive EU Approval For $61B VMware Merger In early May, U.S. chipmaker Broadcom Inc's (NASDAQ: AVGO) CEO Hock Tan proposed a pitch to EU antitrust enforcers regarding the pro-competitiveness of the proposed $61 billion bid for cloud computing firm VMware Inc (NASDAQ: VMW). Broadcom is set to gain conditional EU antitrust approval for its proposed acquisition of VMware. The European Commission's approval is linked to Broadcom's interoperability remedies to rivals  ( 9 min )
    Gen Z and millennials could retire as millionaires by doing this one simple thing, says renowned financial expert Suze Orman
    And delaying your journey by a mere 10 years could “cost you $700,000”.  ( 7 min )
    Broadcom Flexes Wireless Prowess With New Multifunction Chip
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    SoFi Is Just Getting Going. The Stock Is Rising.
    Truist analysts raise their price target on SoFi after initiating coverage of the stock at Buy last month.  ( 22 min )
    Oracle Stock Spikes as Analyst Turns Bullish, Predicts Market-Share Gains in Cloud
    A few hours before the company reports earnings, Wolfe Research analyst Alex Zukin lifted his rating to Outperform from Peer Perform.  ( 22 min )
    ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
    Policymakers face a big challenge this week. The Fed will convene for its two-day policy meeting on June 13-14 (Tuesday/Wednesday) to determine whether another rate hike is required in its ongoing efforts to tame persistently high inflation. However, this time around, there might finally be a change in tune. “For much of last year the Fed was united about the need to lift rates into restrictive territory,” notes Raymond James’ CIO Larry Adam. “But after ten consecutive rate increases, we are sta  ( 11 min )
    Tesla upgraded, Nio downgraded: Wall Street's top analyst calls
    Tesla upgraded, Nio downgraded: Wall Street's top analyst calls  ( 8 min )
    Stocks open higher to kick off key week for US economy: Stock market news today
    Stocks were higher early Monday as investors await key data on inflation and the Fed's latest policy decision later this week.  ( 7 min )
    Nasdaq to Purchase Adenza From Thoma Bravo for $10.5 Billion
    (Bloomberg) -- Nasdaq Inc. has agreed to buy financial-software maker Adenza from its private equity owners in the exchange operator’s biggest-ever deal.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds Get It Wrong, Bond Investors SayThe acquisition is  ( 7 min )
    EUR/USD Forecast – Euro Tests Top of Short-term Range
    The euro rallied a bit during the early hours on Monday, testing the top of a short-term consolidation range that we have been in.  ( 7 min )
    Credit Suisse Era Ends After UBS Takeover Becomes Official
    The deal marks the end of 167 years of independence for the troubled bank and the beginning of a new stretch in financial history with one dominant Swiss manager of money for the global elite.  ( 28 min )
    XPeng Stock Pops As Presales For Its Answer To The Tesla Model Y Surge
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    Nasdaq Stock Tumbles After $10.5 Billion Acquisition Announced
    Nasdaq shares were down around 10% in early trading Monday after the exchange operator said it agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal. The seller in the transaction is private-equity firm Thoma Bravo, which is poised to get  ( 19 min )
    Dollar-Cost Averaging vs. Lump Sum Investing: Which Makes The Most Sense?
    If you want to dip your toe into investing, it can be overwhelming. The terminology, risks and fees might make you want to just dump your funds in a savings account instead. But that would be a mistake – investing … Continue reading → The post Dollar-Cost Averaging vs. Lump Sum Investing appeared first on SmartAsset Blog.  ( 9 min )
    Why The Rest of Us Should Be Paying Attention to What Risk-Averse Investors Are Buying
    A risk-averse investor is someone who prefers to emphasize security over potential gains. Their portfolio is built to preserve capital and prevent losses first and pursue growth second. This isn't to say that risk-averse investors see no gains. This is … Continue reading → The post How to Be a Risk Averse Investor appeared first on SmartAsset Blog.  ( 9 min )
    Smile, it's a bull market in stocks!
    Certainly doesn't feel like a bull market in stocks.  ( 8 min )
    What Happens If My Bank Account Becomes Dormant?
    Using multiple bank accounts can be a good way to separate funds for different financial goals. However, if you forget about one of those accounts it could end up falling dormant. A dormant bank account is an account that registers … Continue reading → The post What Is a Dormant Bank Account? appeared first on SmartAsset Blog.  ( 9 min )
    The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right.
    Volatile trading in the bond market reflects a less optimistic view. Investors there remain worried that high interest rates will damage the economy.  ( 22 min )
    This Company Makes Costco and Amazon’s Store Brands. Its Stock Could Climb 20%.
    TreeHouse Foods is the only major publicly traded pure play on increasingly popular private-label food products. The stock is cheap—but it might not stay that way for long.  ( 22 min )
    Carnival Stock Upgraded After Breakout. Analysts See Rising Tide For Cruise Lines
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    Dow Jones Futures Rise Ahead Of Inflation Data, Fed Meeting; AMD, Amazon Rally On Price-Target Hikes
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    A Stock’s Dividend Yield Isn’t Enough. Pay Attention to ‘Shareholder Yield.’
    There’s more to a stock’s cash returns than just the dividend, such as buybacks and debt paydowns. Together, they’re known as shareholder yield.  ( 22 min )
    Is Snowflake Stock A Buy Ahead Of Investor Day?
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    JPMorgan’s Bob Michele manages $700 billion— and today’s bull run reminds him of the calm before the Lehman collapse
    The current market rally is reminiscent of the immediate relief following JP Morgan's purchase of Bear Stearns in March 2008, six months before Lehman collapsed.  ( 9 min )
    Don’t Say It Too Loudly, But UBS Just Got a Steal of a Deal
    The political whirlwind its acquisition of Credit Suisse has stirred in Switzerland gives the country’s largest bank reasons to lowball its financial estimates.  ( 29 min )
    Cybersecurity Stocks To Watch As Gartner Forecasts Strong Spending
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    It's A New Bull Market! 13 Stocks Jump 30% Or More Every Time
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    Toyota Boss Faces Pushback Over EV Strategy in Shareholder Vote
    Toyota’s annual meeting this year has turned into a showdown over the merits of longtime leader Akio Toyoda’s electric-vehicle strategy.  ( 28 min )
    Weekly Stock List
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    China's Nio is cutting car prices to take on Tesla but is also ending free battery swaps
    Chinese e-carmaker Nio has slashed prices barely two months after saying that price wars in the EV market were a bad idea.  ( 8 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    JPMorgan agrees to settle with Epstein victim in class action suit
    JPMorgan Chase & Co agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein, the bank said in a statement Monday. Litigation is still pending between the U.S. Virgin Islands and JPMorgan Chase, as are JPMorgan Chase’s claims against former executive Jes Staley, the bank said. "The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein’s terrible abuse," JPMorgan said.  ( 6 min )
    5 Things to Know Before Markets Open
    UBS completes its takeover of Credit Suisse and Biogen wins key FDA support for its Alzheimer's disease treatment. Here’s what investors need to know today.  ( 17 min )
    Multimillionaire Swedish pop star ripped for classist McDonald’s comments: ‘No one is lesser than you for working a fast food job’
    The pop star's comments have been condemned for mocking the working class.  ( 8 min )
    Daily – Vickers Top Buyers & Sellers for 06/12/2023
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    Analyst Report: Abercrombie & Fitch Co.
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    Analyst Report: Williams-Sonoma, Inc.
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    Analyst Report: DocuSign Inc
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    Fed meeting sets up for a close call, though central bank likely to pause
    The Fed's next move on interest rates will likely be a game-time decision on Wednesday.  ( 9 min )
    Nasdaq to Acquire Financial-Software Firm Adenza for $10.5 Billion
    Nasdaq has agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal.  ( 28 min )
    Daily – Vickers Top Insider Picks for 06/12/2023
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    Goldman Cuts Oil-Price Forecast as Saudi Gains Unravel
    One of the biggest oil bulls is growing less bullish as the crude market runs into renewed pressure. Goldman Sachs cut its end-of-year outlook for Brent crude to $86 a barrel, from $95. Brent futures fell around 2% Monday to just over $73 a barrel. Goldman Sachs forecast a big rally in  ( 20 min )
    Credit Suisse Era Ends After UBS Takeover Becomes Official
    Live updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 19 min )
    Market Digest: ANF, D, WSM, DOCU
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    Chinook Therapeutics Stock Surges After Novartis Agrees $3.5 Billion Deal
    Chinook said it has entered an agreement to be acquired by Novartis for $40 per share in cash, with additional cash contingent on regulatory progress with astrasentan, its kidney disease drug candidate.  ( 22 min )
    Explainer-Why is the Canadian economy strong despite record pace of rate hikes?
    Despite the fastest monetary tightening cycle in the country's history, Canada's economy is still running hot, which forced the central bank to crank its key interest rate even higher to a 22-year high of 4.75% last week. Analysts are betting on another rate hike in July, to help the Bank of Canada bring inflation back down to its 2% range. Many of Canada's major banks allowed holders of variable rate mortgages to extend their amortization period in order to keep their payments at nearly the same level, temporarily blunting the impact of higher borrowing costs.  ( 7 min )
    Recession risks still loom for markets calmer after banking turmoil
    "We are heading for a downturn and it varies region to region," said Benjamin Jones, director of macro research at Invesco. The World Bank just raised its 2023 outlook as the U.S. and other major economies have proven more resilient than forecast, though it said this year will still mark one of the slowest for growth in the last five decades. Goldman Sachs lowered its odds of a U.S. recession in the next year to 25% from an already below consensus 35%, given easing banking sector stress and the debt ceiling deal which it sees resulting in only small spending cuts.  ( 8 min )
    Markets in a spin ahead of interest rate decisions
    In short, investors are biding their time - with May U.S. inflation data on Tuesday, released as the U.S. Federal Reserve kicks off a two-day meeting, event risk is high. The Fed is widely expected to "skip", note, not "pause" hiking rates in June when it concludes its meeting on Wednesday. The European Central Bank is tipped to deliver a quarter-point rate hike on Thursday, while on Friday the Bank of Japan is expected to maintain ultra-loose monetary policy.  ( 8 min )
    Oil Prices Decline on Concerns Demand Is Weakening
    Oil prices slipped early Monday on concerns about global demand. Brent crude, the international benchmark, declined 2.4% to $72.97 a barrel. West Texas Intermediate, the U.S. standard, fell 2.8% to $68.20 a barrel. Both contracts declined for a second consecutive week last week. Crude prices have  ( 26 min )
    Nvidia Can Handle Being in the Trillion Dollar Club
    Generative AI demand will persist, while the chip maker’s competitive edge should keep its pricing strong.  ( 29 min )
    Stocks to Watch Monday: Biogen, Tesla, Illumina, Oracle
    ↗️ Biogen (BIIB): The biotech company's shares rose nearly 4% premarket after an advisory committee [recommended the Food and Drug Administration approve Leqembi](https://investors.biogen.com/news-releases/news-release-details/fda-advisory-commi  ( 19 min )
    What’s Ahead for Bitcoin and Coinbase as the SEC Cracks Down on the Industry
    The leading U.S. financial regulator took aim at two of the largest crypto exchanges this week, charging Binance and Coinbase Global.  ( 22 min )
    Glencore Offers to Buy Teck Resources’ Coal Assets. It’s the Deal That Won’t Go Away.
    Teck has already rejected two full takeover bids from Glencore, and said last week that it has received several offers for its coal unit.  ( 22 min )
    Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
    EU antitrust regulators are set to approve with conditions U.S. chipmaker Broadcom's $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said. The European Commission's approval is conditional on Broadcom offering interoperability remedies to rivals to address competition concerns, the people said.  ( 6 min )
    Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
    (Bloomberg) -- Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that bolsters the case for a pause in their tightening campaign this week.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds  ( 9 min )
    These Stocks Are Moving the Most Today: Biogen, Salesforce, Oracle, Chinook, Illumina, and More
    Biogen stock rises after an advisory committee of the Food and Drug Administration votes in favor of approving the biotech company's Alzheimer’s drug, Salesforce is hosting an AI event, Oracle will report earnings, and Chinook Therapeutics will be acquired by Novartis.  ( 22 min )
    Credit Suisse's Exit From Stock Benchmark Shows Fading Heft of Swiss Financials
    (Bloomberg) -- Credit Suisse Group AG’s imminent exit from the Swiss Market Index is symbolic of the decreasing importance of financial companies to the country’s stock market.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds Get It Wrong, Bond Investors  ( 7 min )
    U.S. Stock Futures Rise as Fed Prepares a Pause
    U.S. stock futures advanced early on Monday as the Federal Reserve prepares to pause its campaign of interest-rate increases for the first time in more than a year. The Dow Jones Industrial Average contracts added 0.2%, or 56 points, to 34,260. The S&P 500 rose 0.3%, and the technology-heavy Nasdaq  ( 23 min )
    UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
    UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country's two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil. A statement from the bank said that “UBS has completed the acquisition of Credit Suisse today, crossing an important milestone."  ( 6 min )
    Novartis Makes $3.5 Billion Bet on Chinook’s Rare Disease Drugs
    (Bloomberg) -- Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising treatments for a rare kidney disease that are currently in late-stage trials.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon  ( 7 min )
    Berkshire Hathaway Stock Soars to a High. Hain Celestial Feels the Pain.
    Warren Buffett’s company saw both classes of its shares set intraday 52-week highs in the past week, while shares of Hain, a maker of organic and natural products, dove to a more-than-decade low.  ( 22 min )
    4 big analyst cuts: Tesla trimmed, but still a buy; Nio slapped with 2 downgrades
    Nomura/Instinet downgraded the company to Neutral from Buy and cut its price target to $7.50 from $25.80. Meanwhile, CMB International Securities downgraded to Hold from Buy and cut its price target to $8.50 from $21.00.  ( 7 min )
    Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
    (Bloomberg) -- Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US Securities and Exchange Commission weighed on sentiment.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Stur  ( 8 min )
    Oracle Earnings Day Is Here. The Focus is on Cloud and AI.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Explainer-UBS has Swiss mountain to climb with Credit Suisse
    With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated rescue will deliver both for shareholders and Swiss taxpayers. Arranged over a weekend in March to stave off a broader banking crisis, and backed by up to 250 billion Swiss francs ($281 billion) in public funds - the tie-up now poses huge challenges and potential rewards for Switzerland and its biggest bank. Switzerland must now contend with a bank whose balance sheet is twice as big as its economy, while Sergio Ermotti, who was brought back in as CEO to oversee the mega merger, faces tough strategic decisions as UBS integrates its smaller rival against an uncertain economic backdrop.  ( 9 min )
    The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right.
    Volatile trading in the bond market reflects a less optimistic view. Investors there remain worried that high interest rates will damage the economy.  ( 25 min )
    UBS completes Credit Suisse takeover to become wealth management behemoth
    UBS on Monday said it completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management. Commenting on the biggest banking deal since the 2008 global financial crisis, UBS CEO Sergio Ermotti and Chairman Colm Kelleher said "this is the start of a new chapter" in an open letter published in Swiss newspapers. The group will oversee $5 trillion of assets giving UBS, the world's largest wealth manager, a leading position in key markets it would otherwise have needed years to grow in size and reach.  ( 7 min )
    Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
    (Bloomberg) -- The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs Group Inc. strategists said in a report raising their year-end target for the S&P 500.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeThere’s More Troubl  ( 8 min )
    Oracle Earnings Day Is Here. The Focus is on Cloud and AI.
    Oracle shares have been on fire as the market begins to see the company as a major play on artificial intelligence.  ( 22 min )
    China's property sector set to be persistently weak for years -Goldman
    China's property sector is expected to grapple with "persistent weakness" for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country's economic growth. Weaknesses are particularly pronounced in lower-tier cities and private developer financing, they said in a client note, adding that policymakers, who have vowed not to use the sector as a short-term lever to spur growth, seem keen for there to be less economic and fiscal reliance on the industry. "As such, we only assume an 'L-shaped' recovery in the property sector in coming years," the note said.  ( 7 min )
    Nio Cuts Prices on All Electric Vehicles by $4,200 in China
    (Bloomberg) -- Electric-vehicle maker Nio Inc. slashed starting prices on all of its models in China by 30,000 yuan ($4,200), days after reporting a worse-than-expected quarterly loss.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested  ( 7 min )
    Jerome Powell’s Big Problem Just Got Even More Complicated
    The central bank aims to avert financial instability while also fighting inflation—predicaments that frequently call for opposite policies.  ( 24 min )
    Chinese tech groups suffer as foreign investors take flight
    Geopolitical tension and poor economic recovery drive stock price falls and funding shortages  ( 11 min )
    Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
    (Bloomberg) -- Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation is far from done. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeThere’s More Trouble Coming for Regional Banks Leveraged investors b  ( 8 min )
    Asian Equities Mixed as Traders Eye Rate Decisions: Markets Wrap
    (Bloomberg) -- Asian stocks were set for a cautious open while major currencies traded in narrow ranges early Monday as traders braced for a week that brings interest rate decisions from the US and Europe to China and Japan.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey  ( 8 min )
    China's Nio cuts prices, ends free battery swapping as sales slide
    China's electric vehicle maker Nio said on Monday it would cut prices by 30,000 yuan ($4,198.74) for all models including its revamped ES6 and ES8 sports utility vehicles from June 12. Nio would no longer provide free battery swapping services to new buyers, the company also said in the same statement. ($1 = 7.1450 Chinese yuan renminbi)  ( 6 min )
    China struggles with weak post-COVID economic recovery
    Sales of Yizhuan Automobile Co.’s trash trucks picked up after China ended anti-virus controls in December, but their growth is in low gear as managers struggle to rebuild business lost during the pandemic. China’s economy rebounded at the start of 2023, but after a good first quarter, factory output and consumer spending are weakening. Yizhuan’s sales are up only by single-digit percentages from last year's depressed level, according to its deputy general manager, Yu Xiongli.  ( 9 min )
    Bank of Korea Warns of Financial Risk as Real Estate Loans Fail
    (Bloomberg) -- Bank of Korea Governor Rhee Chang-yong flagged growing financial sector risks amid a rise in real estate loan delinquencies— even as the broader housing market slowly recovers.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sacked From His Hedge Fund Firm A  ( 6 min )
    Oil edges lower ahead of Fed meeting
    Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors try to gauge the central bank's appetite for further rate hikes, while concerns about China's fuel demand growth and rising Russian crude supply weighed on the market. Brent crude futures fell 29 cents, or 0.4%, to $74.50 a barrel by 0058 GMT. U.S. West Texas Intermediate (WTI) crude was at $69.93 a barrel, down 24 cents, or 0.3%.  ( 7 min )
    Gold listless as markets strap in for Fed verdict
    (Reuters) -Gold prices dipped on Monday as the U.S. dollar edged higher, and investors positioned for a series of major central bank policy meetings this week, with a likely pause in interest rate hikes by the U.S. Federal Reserve. "While the Fed is expected to hold their interest rate, they are unlikely to deliver a dovish undertone required to tempt gold bulls back to the table in a meaningful way," said Matt Simpson, senior market analyst at City Index. Gold prices climbed 0.7% for the week ended Friday, helped by a more-than-1% jump on Thursday after a surge in U.S. weekly jobless claims.  ( 7 min )
    Billionaires Steve Cohen and Ken Griffin Have One Thing in Common: They Both Like These 2 ‘Strong Buy’ Stocks
    Is there a right way to invest? Not really. Each person has their own individual style, but what ultimately matters are the results. This holds especially true in the realm of investing, where even the most successful stock pickers on Wall Street employ diverse strategies to achieve their goals. And what are those goals? Big returns, of course. Take Billionaires Steve Cohen and Ken Griffin, for example. Both have had incredible careers, but each’s route to riches has been distinct. Griffin, who  ( 10 min )
    Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again
    (Bloomberg) -- Oil held losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price forecast again.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sacked From His Hedge Fund Firm After Assault AllegationsBrent futures traded below $  ( 7 min )
    Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
    (Bloomberg) -- Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the best way to rein them in, according to Bloomberg’s latest poll of professional and retail investors.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sac  ( 9 min )
  • Open

    Internal Rate of Return (IRR) Rule: Definition and Example
    The internal rate of return (IRR) rule is a guideline for evaluating whether a project or investment is worth pursuing.  ( 24 min )
    Top CD Rates Today, June 12, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Why Many of Today’s Best CD Rates Are Found at Online Banks
    The nature of online banks enables them to pay higher rates than traditional banks, with the same federally insured safety.  ( 17 min )
    Top 10 Features of a Profitable Rental Property
    It takes sleuthing skills to track down the right property in the right neighborhood. Here are some key factors to consider when shopping for an investment property.  ( 28 min )
    Brokered CD Rates Offer Higher Rates—and Higher Risk
    Brokered CDs generally offer higher yields than traditional offerings, but they carry more risk. Find out what a brokered CD is and whether it's right for you.  ( 17 min )
    Calendar Year Experience Definition
    Calendar year experience is the difference between the premiums earned and losses incurred (but not necessarily occurring) within a 12-month period.  ( 18 min )
    Here’s How Much You Could Earn Investing $5,000 in a CD Today
    The best rates on a CD today that accepts a $5,000 deposit range from 4.70% to 5.50% APY. Investing $5,000 in a 2-year CD right now could earn you close to $500 in interest.  ( 17 min )
    Dow Jones Today: Index Climbs Ahead of Fed Decision
    The Dow Jones Industrial Average was higher by more than 180 points, marking five straight sessions in the green  ( 17 min )
    Markets Advance on Optimism Fed Policymakers Will Skip a Rate Hike at This Week's Meeting
    Markets gained on Monday, June 12, 2023 on expectations that Fed policymakers will skip a rate hike at this week's meeting.  ( 17 min )
    Will FDIC Insurance Limits Go Up This Year?
    Members of Congress and bankers have called for an increase in deposit insurance limits, though so far there’s no consensus on how to do it or by how much.  ( 17 min )
    Predatory Lending Laws: What You Need to Know
    A mix of federal and state laws protect borrowers from predatory lenders, including by capping interest rates or banning discrimination.  ( 30 min )
    What Is a Secured Loan? How They Work, Types, and How to Get One
    Secured loans are loans that require collateral to borrow. Here’s how secured loans work and where to find them.  ( 23 min )
    JP Morgan vs. Goldman Sachs: Performance and Outlook
    JP Morgan and Goldman Sachs are competing investment banks specializing in asset management and advisory services in the U.S. and globally.  ( 20 min )
    Why You Should Open a High-Yield Savings Account Right Now
    Today’s high interest rates mean you can earn outsized yields on savings deposits. See how to take advantage by opening a high-yield savings account.  ( 16 min )
    Short-Term Inflation Outlook Drops to the Lowest Level in Two Years
    Consumers' short-term inflation outlook fell in May to the lowest level in two years, according to the New York Fed.  ( 16 min )
    Logistics: What It Means and How Businesses Use It
    Logistics is the overall process of managing the way resources are obtained, stored, and moved to the locations where they are required. Learn more about how it works.  ( 21 min )
    Subsidies: Definition, How They Work, Pros and Cons
    A subsidy is a benefit given by the government to groups or individuals, usually in the form of a cash payment or tax reduction.  ( 27 min )
    Tesla Shares Set a Record as Several EV Charging Firms Add Tesla Connectors
    Tesla's stock price rose on Monday for the 12th straight session, in its longest winning streak on record after several EV charging station firms added Tesla's connectors.  ( 17 min )
    Cash Reserve Account or Savings Account: Which Is Better for Your Money Right Now?
    Brokerage cash management and high-yield savings accounts may both offer straightforward transfer options, so it comes down to which provides the best rate.  ( 17 min )
    Will Bouncing a Check Damage My Credit Score?
    A bounced check will not directly affect your credit score, but it can damage your financial standing in other ways.  ( 20 min )
    Bread Savings CD Rates: June 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 19 min )
    Purchasing Managers' Index (PMI) Defined and How It Works
    The Purchasing Managers' Index (PMI) is an indicator of economic health for manufacturing and service sectors.  ( 24 min )
    Contingent Convertibles (CoCos): Definition and Use in Europe
    Contingent convertibles (CoCos) are similar to traditional convertible bonds in that there is a strike price, which is the cost of the stock when the bond converts into stock.  ( 28 min )
    4 Ways to Hedge Against the Next Recession
    Recessions are known to batter investment portfolios, although there are several ways to better weather the storm and reduce volatility.  ( 25 min )
    Nostro Account Definition
    A nostro account is a bank account held in another country by a domestic bank, denominated in the currency of the overseas country.  ( 22 min )
    What Are the Types of Costs in Cost Accounting?
    Cost accounting aids in decision-making by helping a company's management evaluate its costs. These are the different costs evaluated in cost accounting.  ( 23 min )
    Jumbo CD vs. Regular CD Rate: Which Is the Smarter Option Right Now?
    Jumbo CDs offer higher interest rates on half of the terms we track right now, but overall, the rates are very comparable to regular CDs. So, it's smart to shop around.  ( 17 min )
    The Top Three Benefits of a High-Yield Savings Account
    A high-yield savings account can make your money go further. Find out the top benefits and how to choose an account that’s right for you.  ( 17 min )
    Answers to Common Savings Questions
    From automating transactions to finding the right savings vehicle, here are the key things to know about managing your savings.  ( 17 min )
    4 Key Factors That Drive the Real Estate Market
    Whether you invest directly or indirectly in property, you need to know the factors that can affect the real estate market and related real estate investments.  ( 24 min )
    Are Today's Top Money Market Account Interest Rates Better Than Savings Account Rates?
    The highest rate on a money market account right now is 5.25%, which is higher than the top savings account rate of 5.12% APY. Both pay at least nine times the national average rate.  ( 17 min )
    What Is Debt Consolidation and When Is It a Good Idea?
    Debt consolidation is combining several loans into one new loan, often with a lower interest rate. It can reduce your borrowing costs but also has some pitfalls.  ( 27 min )
    What Do Regional Bank Failures Mean for CD Rates?
    The collapse of Silicon Valley, Signature, and First Republic regional banks in March and May put upward pressure on CD rates, experts say.  ( 14 min )
    Gamma Neutral Definition
    Gamma neutral hedging is an option risk management technique such that the total gamma value of a position is near zero.  ( 18 min )
    Hypothesis to Be Tested: Definition and 4 Steps for Testing With Example
    Hypothesis testing is the process that an analyst uses to test a statistical hypothesis. The methodology employed by the analyst depends on the nature of the data used and the reason for the analysis.  ( 22 min )
    Analysis of Variance (ANOVA) Explanation, Formula, and Applications
    Analysis of variance (ANOVA) is a statistical analysis tool that separates the total variability found within a data set into two components: random and systematic factors.  ( 23 min )
    Schaff Trend Cycle Indicator: How it Compares to MACD
    Learn the Schaff Trend Cycle Indicator as well as the similarities and differences to the MACD  ( 25 min )
    Continuous Compounding Definition and Formula
    Continuous compounding is the process of calculating interest and reinvesting it into an account's balance over an infinite number of periods.  ( 19 min )
    Father's Day Retail Spending Could Reach Record-High $22.9 Billion
    Gift-givers plan to spend almost $200 on average to celebrate the dads and father figures in their lives.  ( 16 min )
    Gross Profit Margin (GP): Formula for How to Calculate and What GP Tells You
    The gross profit margin is a metric used to assess a firm's financial health and is equal to revenue less cost of goods sold as a percent of total revenue.  ( 19 min )
    Cryptocurrencies To Watch: Week of June 12
    This week’s cryptocurrencies to keep an eye on are PAX Gold (PAXG), XRP (XRP), Bitcoin (BTC), Monero (XMR), and Gnosis (GNO).  ( 18 min )
    Double Entry: What It Means in Accounting and How It's Used
    Double entry is an accounting term stating that every financial transaction has equal and opposite effects in at least two different accounts.  ( 27 min )
    Markets Gain Amid Anticipation of a Fed Rate Hike Pause
    U.S. equities were up at midday on Monday, June 12, 2023 amid optimism the Fed will pause its rate hike cycle.  ( 16 min )
    FDIC Floats Proposal of Higher Insurance for Business Bank Accounts
    In the future, businesses would be able to bank with little to no fear of losing all their money if their bank fails, if reforms suggested by the Federal Deposit Insurance Corporation become reality.  ( 18 min )
    Chinook Therapeutics Shares Soar on Novartis Purchase
    Novartis agreed to buy Chinook Therapeutics for up to $3.5 billion.  ( 16 min )
    Nasdaq Buys Adenza From Thoma Bravo in Its Biggest Purchase Ever
    Nasdaq agreed to buy software firm Adenza for $10.5 billion, expanding Nasdaq's reach into fintech.  ( 16 min )
    The Basic Economic Effects World War II Had on the Global Economy
    Understand the effect of World War II on a nation's gross domestic product, and what foreign and domestic factors influenced this change post-war.  ( 19 min )
    30-Year Mortgage Rates Tick Up to New June High
    Rates on 30-year mortgages ticked up to 7.26% on Friday, the highest we've seen them in June. Other rates also rose, including the jumbo 30-year, which gained 12 basis points.  ( 19 min )
    Risk Management Techniques for Active Traders
    Managing risk can be a big challenge even for the most seasoned trader. Read on to learn how you can manage risk through the use of stop-loss and take-profit points.  ( 24 min )
    Riding the Skinny Bull Market From the Floor of the NYSE
    Jay Woods, NYSE veteran and Chief Global Strategist for Freedom Capital Markets, joins the Express from the floor of the NYSE to examine the new bull market. It looks a little thin, but it is showing signs of strengthening.  ( 18 min )
    What Are Swaps?
    Learn how these derivatives work and how companies can benefit from them.  ( 27 min )
    Expected Value Definition, Formula, and Examples
    Expected value is the anticipated value for an investment at some point in the future and is an important concept for investors seeking to balance risk with reward.  ( 20 min )
    Long Run: Definition, How It Works, and Example
    The long run refers to a period of time where all factors of production and costs are variable, and the goal is to produce at the lowest cost.  ( 23 min )
    Term of the Day: CD Ladder
    With the upcoming FOMC meeting and interest rates being in flux, the CD ladder is a low-risk savings vehicle with above-average interest rates, FDIC insurance protection, and reasonably liquid access to funds.  ( 17 min )
    5 Things to Know Before Markets Open
    UBS completes its takeover of Credit Suisse and Biogen wins key FDA support for its Alzheimer's disease treatment. Here’s what investors need to know today.  ( 17 min )
    What Is Share Capital? Definition, How It Works, and Types
    Share capital is the money a company raises by issuing shares of common or preferred stock. The total is listed in the company's balance sheet.  ( 22 min )
    What Does Ex-Dividend Mean, and What Are the Key Dates?
    Ex-dividend is a classification in stock trading that indicates when a declared dividend belongs to the seller rather than the buyer.  ( 24 min )
    Who Is Ann S. Moore? What Is Ann S. Moore Known for?
    Ann S. Moore is most famous as the first female CEO of magazine company Time, Inc. until it was acquired by Meredith Corporation in February 2018.  ( 21 min )
    Who Is Larry Ellison? What Is He Famous For?
    As founder and CEO of software giant Oracle, Larry Ellison built the company that revolutionized how businesses access and use data.  ( 23 min )
  • Open

    Russische buurlanden zijn opvallend happig op Nederlandse goederen
    De export van Nederlandse goederen naar landen die dicht bij Rusland liggen, is vorig jaar ruim verdubbeld. Het gaat om onder meer trucks en bussen, maar ook om bloemen en planten. De uitvoer naar Rusland zelf viel juist flink terug.  ( 4 min )
    EU wil strengere regels voor bedrijven die met zzp'ers werken
    Platformbedrijven als Uber en Deliveroo die met zelfstandigen werken, krijgen meer regels vanuit Brussel. Daarover hebben de EU-lidstaten maandag een akkoord bereikt. De regels moeten het moeilijker maken om personeel als zelfstandige te laten werken als medewerkers dat niet willen. De bedrijven zelf zijn kritisch.  ( 5 min )
    Oekraïense vluchteling krast half miljoen euro in Belgische loterij
    Een vluchteling uit Oekraïne heeft 500.000 euro gewonnen met een kraskaart in België. Dat heeft de Belgische loterij bekendgemaakt.  ( 3 min )
    Grootste bank in de VS betaalt slachtoffers Jeffrey Epstein
    De Amerikaanse bank JP Morgan Chase heeft met de slachtoffers van Jeffrey Epstein overeenstemming bereikt voor schadevergoedingen. Dat heeft de bank samen met de advocaten van de slachtoffers bekendgemaakt.  ( 3 min )
    Groot deel van Reddit op zwart door massale protesten van fora
    Op het grote discussieplatform Reddit gaan groepen met tientallen miljoenen leden maandag en dinsdag op zwart. Deze subreddits protesteren tegen nieuw beleid van het platform dat appontwikkelaars met torenhoge kosten opzadelt.  ( 5 min )
    Multimiljardair George Soros (92) draagt zaak over aan zijn zoon
    De 92-jarige multimiljardair, superbelegger en filantroop George Soros draagt zijn imperium over aan zijn 37-jarige zoon Alex. Volgens de Hongaars-Amerikaanse Soros heeft zijn zoon het recht verdiend om het fortuin te beheren, zo zegt hij tegen The Wall Street Journal.  ( 3 min )
    Tweede Kaagbaan op Schiphol gaat definitief niet door
    Er komt definitie geen tweede Kaagbaan op luchthaven Schiphol. Minister Mark Harbers (Infrastructuur) heeft maandag besloten om de reservering op een stuk grond in de gemeente Haarlemmermeer op te heffen.  ( 3 min )
    Lonen schieten verder omhoog, bedrijven gaan bezuinigen
    In de cao's die afgelopen maand zijn afgesloten, gaan de lonen met gemiddeld 8,2 procent omhoog. Dat is voor de werkgevers reden tot zorg, zegt werkgeversorganisatie AWVN. Bedrijven zullen daardoor gaan bezuinigen.  ( 3 min )
    Vaker pauze of een tropenrooster helpt bij werken in de hitte
    Na een weekend met warm weer zijn de meeste mensen nu weer aan de slag. Sommigen zoeken de airco op kantoor op, anderen rommelen thuis aan met ventilatoren en flessen bevroren water. Ondertussen wordt druk overlegd over het aanpassen van roosters of verschuiven van werkzaamheden.  ( 5 min )
    UBS rondt overname van voormalige rivaal af
    De Zwitserse bank UBS heeft de overname van zijn voormalige rivaal Credit Suisse afgerond. Door de overname is een van de grootste vermogensbeheerders ter wereld ontstaan. Daarmee is een einde gekomen aan het 167-jarige onafhankelijke bestaan van Credit Suisse.  ( 3 min )
    We hebben 166 beroepen met een tekort aan mensen
    De krapte op de arbeidsmarkt is ongekend. Ons land heeft momenteel 166 beroepen met een tekort aan arbeidskrachten, zo blijkt uit een analyse van uitkeringsinstantie UWV.  ( 3 min )
    Meer bedrijven failliet in mei, vooral in de handel en bouw
    Het aantal faillissementen is in mei opnieuw opgelopen. Afgelopen maand werden zestien bedrijven meer failliet verklaard dan in april. Dat is een stijging van 7 procent. Vooral in de handel en de bouw gingen bedrijven op de fles.  ( 3 min )
    Omrijden voor goedkope benzine loont weer door hogere accijns
    Benzine en diesel worden binnenkort fors duurder door hogere accijnzen. Daarmee worden de prijsverschillen met tankstations in Duitsland en België groter. Dat geldt ook voor de pomp in Luxemburg onderweg naar je vakantiebestemming. Omrijden gaat voor veel automobilisten weer lonen, maar reken je niet rijk.  ( 6 min )
    Tanken over de grens weer interessant door hogere accijnzen
    Benzine en diesel worden binnenkort fors duurder door hogere accijnzen. Daarmee worden de prijsverschillen met tankstations in Duitsland en België groter. Dat geldt ook voor de pomp in Luxemburg onderweg naar je vakantiebestemming. Omrijden gaat voor veel automobilisten weer lonen, maar reken je niet rijk.  ( 5 min )
  • Open

    Markets Gain Amid Anticipation of a Fed Rate Hike Pause
    U.S. equities were up at midday on Monday, June 12, 2023 amid optimism the Fed will pause its rate hike cycle.  ( 1 min )
    5 Things to Know Before Markets Open
    UBS completes its takeover of Credit Suisse and Biogen wins key FDA support for its Alzheimer's disease treatment. Here’s what investors need to know today.  ( 1 min )
  • Open

    Chinook Therapeutics Shares Soar on Novartis Purchase
    Novartis agreed to buy Chinook Therapeutics for up to $3.5 billion.  ( 1 min )
    Nasdaq Buys Adenza From Thoma Bravo in Its Biggest Purchase Ever
    Nasdaq agreed to buy software firm Adenza for $10.5 billion, expanding Nasdaq's reach into fintech.  ( 1 min )

  • Open

    Introduction to Elliott Wave Theory
    Acquaint yourself with Elliott Wave Theory, the principle built on the observation that stock markets do not behave in a chaotic manner.  ( 24 min )
    IESE Business School Definition
    IESE Business School is a graduate business school located at the University of Navarra in Barcelona, Spain.  ( 19 min )
    Should You Buy Property on Leased Land?
    Here are some things for you to consider before investing in a leased-land property should the opportunity arise.  ( 23 min )
    Time Draft
    A time draft is a form of short-term credit used for financing transactions of goods in international trade with a bank standing between the two parties.  ( 18 min )
    Brand: Types of Brands and How to Create a Successful Brand Identity
    A brand is a unique identity for a product and service that is created to distinguish it from its competitors. Learn why creating a brand is critical to successful marketing.  ( 29 min )
    Credit Reporting Agency Definition
    A credit reporting agency is a business that maintains historical credit information on individuals and businesses. Learn how credit reporting agencies work.  ( 21 min )
    Form 1098: Mortgage Interest Statement and How to File
    Form 1098 is an IRS form used by taxpayers to report the amount of interest and related expenses paid on a mortgage during the tax year when the amount totals $600 or more.  ( 26 min )
    5 Basic Methods for Risk Management
    The basic methods for risk management can apply to all facets of an individual's life—especially health—and can pay off in the long run.  ( 21 min )
    Winsorized Mean: Formula, Examples and Meaning
    Winsorized mean is an averaging method that involves replacing the smallest and largest values of a data set with the observations closest to them.  ( 18 min )
    Constructive Receipt: Definition, How It Works, Example
    Constructive receipt is when cash has not been physically received, but the individual or business can still control or utilize the money.  ( 19 min )
    What Are the Most Famous Monopolies?
    Without market competition, the most famous monopolies in history effectively set the national price for the goods and services they monopolized.  ( 24 min )
    Which States Don’t Tax Social Security Benefits?
    Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.  ( 30 min )
    Durbin Amendment Definition
    A federal measure called the Durbin Amendment introduced limits on transaction fees collected when debit card purchases are made.  ( 20 min )
    Data Analyst: Career Path and Qualifications
    Explore the opportunities for data analysts. Learn about skills, qualifications, career paths, salaries, and more.  ( 22 min )
    Buying a Home: 8 Disclosures Sellers Must Make
    If you're selling a home and don't tell potential buyers about potential issues and hazards, you could end up in court. Here's how to stay out of trouble.  ( 27 min )
    Cost Per Thousand (CPM) Definition and Its Role in Marketing
    Cost per thousand or CPM is a marketing term that's used to denote the cost an advertiser pays per one thousand advertisement impressions on a web page.  ( 23 min )
    The Ins and Outs of Seller-Financed Real Estate Deals
    A mortgage isn't the only way to finance a home. One alternative is seller financing, where the seller takes on the role of lender. Learn how it works.  ( 27 min )
    Calculate Depreciation: Methods and Interpretation
    Depreciation accounts for decreases in the value of a company’s assets over time. Learn about different methods of calculating depreciation expenses.  ( 22 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 28 min )
    Theranos: A Fallen Unicorn
    The saga of Theranos, a unicorn biotech startup, and its enigmatic CEO, Elizabeth Holmes, from the rise to the fall and its aftermath.  ( 25 min )
    Millennials Guide: Picking the Right Car Insurance
    Millennials fall into the category of high car insurance rates but this guide will help you find the best auto policy to suit your needs and pocketbook. Check out some of the ways to save money, like owning an older car or leasing a vehicle.  ( 22 min )
    Introduction to Accounting Information Systems – AIS
    Learn what an accounting information system (AIS) is and the six main parts of this indispensable business asset for managing a company's financial data.  ( 29 min )
    How and Why Google Glass Failed
    While Google Glass is off the market for now, the invention, which was a shot in the dark, never wanted to save the world—it just wanted to help.  ( 19 min )
    Top Communications Stocks for June 2023
    Vodafone Group, InterDigital, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Millennial Homeownership Still Lagging Behind Previous Generations
    Millennials are buying homes at a lower rate than generations before, with high housing prices, the lack of entry-level homes, and the dearth of new builds particularly impacting millennials.  ( 22 min )
    Copyright Explained: Definition, Types, and How It Works
    Copyright is the exclusive right that the owner of an intellectual property has to that property. It protects a creator's work from unauthorized duplication or use.  ( 22 min )
    Return on Investment vs. Internal Rate of Return: What's the Difference?
    Internal rate of return (IRR) and return on investment (ROI) are two popular ways to measure the success of investments. Learn the differences between them.  ( 23 min )
  • Open

    Paul Graham says remote work ‘does work initially,’ which is why it ‘fooled’ leaders who have since ‘changed their minds’
    "Remote work does work initially, if you start with a system already healthy from in-person work," said the Y Combinator cofounder.  ( 7 min )
    Stocks Poised for Muted Open
    The Bureau of Labor Statistics will report the May consumer price index on Tuesday, and the Federal Open Market Committee makes its monetary-policy decision on Wednesday.  ( 22 min )
    Which States Don’t Tax Social Security Benefits?
    Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.  ( 30 min )
    5 Solar Stocks For Long-Term Gains
    Amidst decreasing solar material costs and increased investment in the solar sector, this article highlights five promising solar stocks for long-term investors to consider.  ( 11 min )
    UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says
    Bloomberg News reported on Saturday that the emergency takeover of Credit Suisse by UBS will close on Monday. UBS has come up with a list of nearly two dozen "red lines" that prohibit Credit Suisse staff from a range of activities, which include taking on clients from countries such as Libya, Russia, Sudan and Venezuela and launching new products without approval from UBS managers, the FT report added. Credit Suisse declined to comment, while UBS did not immediately respond to a Reuters request for comment.  ( 7 min )
    These bellwether stocks have flashed a larger market signal of underlying economic strength
    No content preview
    Tesla fuels an EV charging standards war
    Two legacy U.S. automakers deciding to integrate Tesla charging tech into their next-generation of EVs, starting in 2025. As TC's Rebecca Bellen reported, when Tesla announced last year it would share its EV charging connector design to encourage automakers to adopt the technology and help make it the new standard in North America, few, if any, predicted competitors would bite. Now, it seems that the Tesla standard — dubbed the North American Charging Standard — is gaining some ground.  ( 12 min )
    Home Depot, Adobe, Oracle, the Fed, Inflation, and More to Watch This Week
    The Federal Reserve is expected to pause interest-rate increases. Plus, May CPI inflation is expected to slow. And we’ll see earnings reports from Oracle, Adobe, Lennar, and Kroger.  ( 22 min )
    Crop Trader Bunge Is Said to Near Deal to Buy Glencore’s Viterra
    (Bloomberg) -- US agribusiness Bunge Ltd. is near a deal to acquire Glencore Plc-backed Viterra, people familiar with the matter said, creating a giant capable of competing with the world’s biggest agricultural players.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareAs Fed Signals Rate Pause, Powell Will Have to Placate HawksOdey Sacked From His Hedge Fund Firm After Assault AllegationsUK Political  ( 8 min )
    Glencore Approaches Teck Over Its Coal Business
    The commodities giant is willing to buy Teck’s unit as an alternative to a full merger.  ( 28 min )
    The Fed's fight against inflation hasn't caused a recession in the US yet, but it could lead to a global downturn
    No content preview
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 28 min )
    Goldman Sachs Slashes Brent Outlook to Below $90 by Year-End
    (Bloomberg) -- Goldman Sachs Group Inc., one of the most bullish banks on the outlook for oil, has once again lowered its price forecasts amid increasing global supplies and waning demand.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAs Fed Signals Rate Pause, Powell Will Have to Placate HawksScotland’s Nicola Sturgeon Arrested in SNP  ( 7 min )
    This year’s market moves are outside consensus expectations - in a bullish way
    It is incredibly difficult to predict short-term moves with any accuracy, even when you know where the fundamentals are headed.  ( 11 min )
    Many insured older Americans face unpaid medical bills
    Medical debt for older Americans with health insurance is on the rise.  ( 9 min )
    IRS gets major power to request private tax info after Supreme Court decision
    The Supreme court ruled in favor of the IRS in recent case, allowing it to request third party information without notification.  ( 9 min )
    Inflation's easing. Do Americans still need their I bond protection? Experts weigh in
    Americans snatched up I bonds amid 40-year inflation in 2022. Now that prices are cooling and rates are rising, I bonds are losing their luster.  ( 8 min )
    What investors want to know about the SEC's crypto crackdown
    What do the SEC's two lawsuits against Binance and Coinbase mean for the industry?  ( 11 min )
    Illumina CEO Francis deSouza Resigns Amid Regulatory Hurdles, Proxy Fight
    Activist investor Carl Icahn has signaled he wants former CEO Jay Flatley to return to gene-sequencing test maker.  ( 29 min )
    Inflation and the Fed: What to know this week
    Inflation and the Fed's commentary on fiscal policy will be closely tracked as investors digest what will come of the new bull market.  ( 11 min )
    Tech, an Early Booster of Remote Work, Wants People Back in the Office
    The reversal is creating tension for workers who adjusted to the flexibility gained during the pandemic and arranged their lives accordingly.  ( 27 min )
    Goldman’s Low US Recession Odds Get It Wrong, Bond Investors Say
    (Bloomberg) -- US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some firms to suggest the threat of recession has eased, if not altogether passed.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaThere’s More Trouble Coming for Regional Banks Fed Is Set to Pause and Assess the  ( 8 min )
    Illumina CEO DeSouza Resigns Following Pressure From Icahn
    (Bloomberg) -- Illumina Inc.’s board accepted the resignation of Chief Executive Officer Francis deSouza, handing a victory to activist investor Carl Icahn who had been seeking his removal.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeGoldman’s Low US Recession Odds Get It W  ( 7 min )
    How Do I Know If I'm Disqualified From Long-Term Care Insurance?
    No content preview
    Ready For Retirement? Make Sure You Know About IRA Recharacterizations First
    Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you make a mistake with contributions or change your mind about them, IRA recharacterization allows you to correct it. Recharacterizing … Continue reading → The post IRA Recharacterization: Retirement Guide appeared first on SmartAsset Blog.  ( 9 min )
    How Long Will $10 Million Last Me If I Retire at 40?
    Retiring at 40 really can mean enjoying retirement in your (relative) youth. The question is, what does it take to make that possible? If you are lucky enough to have set aside $10 million, can that get the job done? … Continue reading → The post Can You Retire Comfortably at 40 With $10 Million? appeared first on SmartAsset Blog.  ( 11 min )
    When Does It Really Pay to Buy Long-Term Care Insurance?
    If you were ever to become disabled or suffer a chronic illness or age-related debility that requires you to pay for help feeding and dressing yourself or similar assistance for an extended period, long-term care insurance could be a valuable … Continue reading → The post When to Buy Long-Term Care Insurance appeared first on SmartAsset Blog.  ( 9 min )
    Can I Organize My Way Into Lower Tax Liabilities?
    Taxes are unavoidable but that doesn't mean you have to pay more than you owe. What happens to your tax liability with proper financial planning? The simple answer is that it can allow you to minimize what you owe while … Continue reading → The post What Happens To Your Tax Liability With Proper Financial Planning? appeared first on SmartAsset Blog.  ( 10 min )
    Stocks Traders Eyeing Fed Pause Hedge Rally With Call Options
    (Bloomberg) -- Investors are loading up on call options as they brace for a pivotal Federal Reserve decision that’s set to dictate the tone for equities heading into the second half of 2023. Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect of  ( 9 min )
    What's the secret of the best stock pickers in Congress? AI.
    The political leaders doing well as investors during the early part of this year bet on technology stocks. They also happen to be Democrats.  ( 8 min )
    As Fed Signals Rate Pause, Powell Will Have to Placate Hawks
    (Bloomberg) -- Federal Reserve officials are ready to take a breather after more than a year of driving up interest rates, a move that’s likely to be accompanied by a strong signal that they’re prepared to keep hiking if needed.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is  ( 9 min )
    Illumina CEO Francis DeSouza resigns
    Illumina said on Sunday that it had appointed Charles Dadswell as interim chief executive officer while the board conducts a search for a new CEO.  ( 6 min )
    Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia
    (Bloomberg) -- Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect of Rate HikesA week ago, Saudi Arabian Energy Minister Prince Abdulaziz  ( 10 min )
    Planet Fitness Stock Is Sliding. CEO Chris Rondeau Bought Shares.
    Gym chain Planet Fitness has been rocked by disappointing earnings, and the departure of a top executive. CEO Chris Rondeau scooped up shares.  ( 22 min )
    ‘Decade of Emerging Markets’ May Be About to Regain Traction
    (Bloomberg) -- Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect o  ( 10 min )
    Top Communications Stocks for June 2023
    Vodafone Group, InterDigital, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 23 min )
    Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street
    Wael Sawan signals openness to more oil production in an effort to woo investors.  ( 29 min )
    Tech war: China to host first supply chain expo to bolster global position amid US 'de-risking'
    The inaugural China International Supply Chain Expo is set to kick off in Beijing on November 28, as the world's second-largest economy seeks to protect its key role in global manufacturing amid intensified trade restrictions imposed by the United States and its allies. The five-day event, which is themed "connecting the world for a shared future", aims to "help Chinese firms participate more deeply in the global industrial division of labour" and "promote the building of resilient global supply  ( 7 min )
    Schroders, BNP Paribas among foreign firms rushing to tap China's US$18 trillion wealth-management opportunity
    No content preview
    ETF Flows Sputter as Investors Favor Defensive Strategies
    Risk-averse investors aren’t rushing to chase a new bull market.  ( 28 min )
    Tesla tightens grip on EV-charging space: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: GM allies with Tesla; charging startups in need of a boost; all eyes on Stellantis.  ( 8 min )
    How Thatcher’s Canary Wharf legacy became a debt-ridden millstone
    Perched inside a pile driver in East London in May 1988, Margaret Thatcher attempted to operate heavy machinery clad in her trademark skirt suit, high heels and pearl earrings.  ( 16 min )
    Air-Bag Parts Maker Refusing U.S. Recall Request Had Workplace-Safety Woes
    ARC Automotive, the Chinese-owned maker of 67 million air-bag inflators that regulators want recalled, has faced safety violations and litigation over allegedly flawed parts.  ( 29 min )
    Supply chain diversification apparent in freight market
    There has definitely been a sustainable shift in how freight is distributed do The post Supply chain diversification apparent in freight market appeared first on FreightWaves.  ( 8 min )
  • Open

    NU+ | Na overlijden leven we online onbedoeld nog jaren door
    Ons leven speelt zich steeds meer af op het internet. Als we overlijden, verdwijnt ons lichaam in een kist. Maar online leef je nog jaren door als je je digitale erfenis niet goed regelt voor je nabestaanden.  ( 6 min )
    NU+ | De toegang tot ons digitale leven nemen we vaak mee in ons graf
    Ons leven speelt zich steeds meer af op het internet. Als we overlijden, verdwijnt ons lichaam in een kist. Maar online leef je nog jaren door als je je digitale erfenis niet goed regelt voor je nabestaanden.  ( 6 min )
    Bekende Britse belegger ontslagen na beschuldigingen seksueel wangedrag
    De Britse beleggingsfirma Odey Asset Management heeft oprichter Crispin Odey op straat gezet na nieuwe beschuldigingen van seksueel wangedrag. Het hedgefonds wil niets meer met de Britse belegger te maken hebben.  ( 3 min )
    NU+ | Wat doet en verdient een verkeersleider bij ProRail?
    Zorgen dat het treinverkeer soepel verloopt, is een belangrijke taak van de verkeersleiders bij ProRail. Zorgen dat dit veilig gebeurt, is nóg belangrijker. Veiligheid gaat voor alles en dat kan weleens botsen met het belang om reizigers zo snel mogelijk op de juiste plek te krijgen.  ( 4 min )
    Tesla zoekt leveranciers en klanten in Mexico
    Tesla is op zoek naar lokale leveranciers van onderdelen in Mexico. De Amerikaanse fabrikant van elektrische auto's bereidt zich voor op de bouw van zijn eerste fabriek in het land. Het bedrijf zoekt ook naar Mexicanen die de auto's willen kopen.  ( 4 min )
    Tesla zoekt leveranciers in Mexico en wil er ook meer klandizie
    Tesla is op zoek naar lokale leveranciers van onderdelen in Mexico. De Amerikaanse fabrikant van elektrische auto's bereidt zich voor op de bouw van zijn eerste fabriek in het land. Het bedrijf is ook aan het zoeken naar Mexicanen die de auto's willen kopen.  ( 4 min )
    Kleinere crypto's kelderen in waarde na optreden Amerikaanse toezichthouder
    Met name kleinere cryptomunten zijn flink in waarde gedaald nadat de Amerikaanse toezichthouder SEC de cryptobeurzen Coinbase en Binance heeft aangeklaagd. Dat gebeurde wegens het schenden van de regels voor beurshandel en misleiding van beleggers en toezichthouders. Cryptobeleggers vrezen dat er steeds meer strenge regels rond crypto's gaan komen.  ( 4 min )

  • Open

    How Does a Simplified Employee Pension (SEP) IRA Work?
    Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 25 min )
    Hanging Man Candlestick Pattern Explained
    A Hanging Man pattern is a candlestick pattern that hints at the reversal of an uptrend and is used by investors to make trading decisions.  ( 25 min )
    The Consequences of Overdrawing a Checking Account
    Checking accounts can become negative if you have an overdraft protection program without fund transfer capabilities, but the consequences will be costly.  ( 25 min )
    Estate Planning: 16 Things to Do Before You Die
    Estate planning goes beyond drafting a will. Use this pre-death checklist to account for your assets and ensure they are dispersed as you wish,  ( 32 min )
    Retainer Fee Meaning, Uses, Example, and How It Works
    A retainer fee is an amount of money paid upfront to secure the services of a lawyer, consultant, freelancer, or other professional.  ( 20 min )
    What Is a Bank Reconciliation Statement, and How Is It Done?
    A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.  ( 24 min )
    Hersey-Blanchard Situational Leadership Model: How It Works
    The Hersey-Blanchard Model suggests there is no single leadership style that is better than another.  ( 19 min )
    Financial Planner vs. Financial Advisor: What’s the Difference?
    When scanning the financial advisor landscape, a financial advisor and a financial planner are both very broad categories. Here are the differences.  ( 24 min )
    Chart of Accounts (COA) Definition: Examples and How It Works
    A chart of accounts (COA) is a document that organizes a company’s financial transactions by category and line item to make accessing financial information easier.  ( 24 min )
    Control of Well Insurance Definition
    Control of well insurance covers some or all of the costs associated with a well blowout.  ( 20 min )
    Top Materials Stocks for June 2023
    Cemex, Albermarle, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 22 min )
    ‘This Is Not Financial Advice’ Shows Human Side of Crypto, Meme Craze, and Influencers
    Screening at the Tribeca Film Festival June 2023, the documentary follows the multi-million dollar rise and fall of crypto-influencer Glauber Contessoto.  ( 17 min )
    Delisting: What It Means and How It Works for Stock Shares
    Delisting is the removal of a security from a stock exchange.  ( 24 min )
    The Bond Buyer Definition
    The Bond Buyer is a trade publication for members of the municipal bond industry that began as a daily newspaper over 100 years ago.  ( 19 min )
    Formula for Calculating Internal Rate of Return (IRR) in Excel
    Understand how to calculate the internal rate of return (IRR) in Excel and how it's used to determine anticipated yield per dollar of capital investment.  ( 23 min )
  • Open

    How Does a Simplified Employee Pension (SEP) IRA Work?
    Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 25 min )
    Wall Street eyes homebuilder stocks as investors prepare for the housing market’s next move
    Deutsche Bank says they've gone from "cautiously optimistic to decisively bullish on new residential construction"  ( 8 min )
    Estate Planning: 16 Things to Do Before You Die
    Estate planning goes beyond drafting a will. Use this pre-death checklist to account for your assets and ensure they are dispersed as you wish,  ( 32 min )
    Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief
    Robert Cohen says the SEC's selective enforcement is having a "real impact on real people and real businesses.”  ( 6 min )
    Apple unveils the Vision Pro, iOS 17 brings new features, and WhatsApp launches Channels
    It's where we highlight the key stories in the week that was (Apple Vision Pro, anyone?) and other goings on around the TC universe, like the analyses on TC+, our premium subscription service, plus TechCrunch's growing collection of podcasts. It's an embarrassment of content, if I do say so myself -- and hopefully a welcome reprieve for those on the East Coast who've been inundated with smoke from the Canadian wildfires. Apple Vision Pro: TC's intrepid editor-in-chief, Matthew, went hands-on with the Vision Pro, Apple's first attempt at an augmented reality (AR) headset, announced at the company's annual Worldwide Developers Conference (WWDC) keynote -- and came away impressed.  ( 8 min )
    'New bull market has legs': These are the 5 questions investors should ask now that the bear market is officially over
    No content preview
    Economists predict at least two more US rate rises to quell stubborn inflation
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Musk’s refusal to pay rent adds to Goldman bad property loans
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Bond Traders Brace for Fed Meeting Fraught with Wildcards, Risks
    (Bloomberg) -- The risks for bond investors from next week’s Federal Reserve meeting go well beyond whether officials decide to raise interest rates again.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Northeast After a Brief ReprieveFor  ( 8 min )
    Fed Is Set to Pause and Assess the Effect of Rate Hikes
    (Bloomberg) -- Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeTrump’  ( 10 min )
    This Week in Coins: Market Crashes as SEC Slams Binance and Coinbase
    It was a relentless week of enforcement actions by the SEC against crypto’s major players.  ( 8 min )
    Factbox-Who are Crispin Odey and the hedge fund Odey Asset Management?
    WHO IS CRISPIN ODEY AND ODEY ASSET MANAGEMENT? Odey, 64, founded his asset management firm in 1991. Odey Asset Management (OAM) is known for highly leveraged bets trading global equities, debt, currencies and commodities.  ( 7 min )
    Crispin Odey ousted from hedge fund in wake of sexual misconduct allegations
    Crispin Odey, the high-profile City financier and Conservative party donor, has been ousted from the hedge fund he founded following a string of sexual harassment claims.  ( 6 min )
    Nigeria’s Suspended Central Bank Governor Taken Into Custody
    (Bloomberg) -- Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeSmoky Air Returning to NYC, US Northeast After a Brief ReprieveAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsNigeria’s secret police took the nation’s suspended central bank governor into custody, hours after he was removed by the nation’s new president  ( 7 min )
    Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
    The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets.  ( 28 min )
    Credit Suisse CEO memo signals UBS deal to close Monday
    On Friday, UBS Chief Executive Sergio Ermotti hinted the takeover of Credit Suisse would close on Monday, the earliest expected date. UBS declined to comment, while Credit Suisse did not immediately respond to a Reuters request for comment.  ( 7 min )
    Homeowners face shortfalls in their escrow accounts as costs rise
    56% of homeowners indicated that their escrow payment increased in the last 12 months, up from 51% in 2021 and 49% in 2020.  ( 10 min )
    Chinese car makers hold talks with UK officials about manufacturing in Britain
    Chinese car makers including Chery have held talks with UK officials about manufacturing in Britain in a potential boost for the country’s under-pressure auto industry.  ( 8 min )
    Odey Sacked From His Hedge Fund Firm After Assault Allegations
    (Bloomberg) -- Odey Asset Management has removed its founder Crispin Odey from the firm’s partnership in a stunning turn of events for the famed hedge fund manager who is facing fresh sexual assault allegations. Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air  ( 8 min )
    Crispin Odey to leave hedge fund he founded after assault allegations
    Hedge fund manager Crispin Odey is leaving Odey Asset Management's partnership following allegations of sexual misconduct, the firm's executive committee said in a statement on Saturday. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations by 13 women that Crispin Odey had sexually assaulted or harassed them over a 25-year period.  ( 5 min )
    Cryptocurrency Crumble: Bitcoin Falls, Smaller Digital Coins Plunge In Wake Of SEC Crackdown
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    More Financial Advisors are Using ChatGPT Than You Think. Is That a Bad Thing?
    While the onslaught of artificial intelligence (AI), specifically ChatGPT, has proven to be a sudden and bumpy transition, financial advisors – among many other industries – have eagerly begun trying to fit the technology into their practices. The AI chatbot has the … Continue reading → The post 60% of Financial Advisors Use or Are Interested in Using ChatGPT – 2023 Survey appeared first on SmartAsset Blog.  ( 7 min )
    Schwab: Lower Your Tax Bill By ‘Bunching' Your Charitable Deductions
    Donating to charity isn't just a way to have a positive impact on society – it's also a savvy approach to reducing your tax liability. Schwab suggests people who donate to charity on an annual basis may want to consider … Continue reading → The post Schwab Says Lower Your Tax Bill By ‘Bunching' Your Charitable Deductions appeared first on SmartAsset Blog.  ( 8 min )
    How Long Will $800,000 Last Me in Retirement?
    Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren't enough on their own. This is why it is crucial to have retirement savings of … Continue reading → The post How Long Will $800,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make More Money With Impact Investing or ESG?
    Impact investing is a strategy for using your money to create or affect positive change by investing in things that will do good in the future. ESG, on the other hand, is a framework for evaluating and selecting investments based … Continue reading → The post Impact Investing vs. ESG appeared first on SmartAsset Blog.  ( 9 min )
    Is It Better to Have a Lower Interest Rate or APR For Your Mortgage?
    When you're buying a home, a lot of pieces have to fall into place. You may come across unfamiliar terms, like escrow and title insurance. One such term is mortgage APR or annual percentage rate. Knowing how to get a … Continue reading → The post What Is a Mortgage APR? appeared first on SmartAsset Blog.  ( 8 min )
    6 Hidden Benefits of Roth IRAs
    Opening an individual retirement account is an excellent step in retirement planning. However, you'll face a choice when doing so: will you pick a Roth or traditional IRA? Your contributions to one count towards the total annual limit for both … Continue reading → The post 6 Top Benefits of Roth IRAs appeared first on SmartAsset Blog.  ( 10 min )
    Is an IRA Transfer or Rollover Better For Me, Money-Wise?
    Anyone who's ever put together furniture or hung a picture on a wall knows the difference between a screw and a nail. While they may look alike, they have distinct purposes and applications. The same can be said for an … Continue reading → The post IRA Transfer vs. Rollover: What's the Difference? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make More Money If I Roll Over My 401(k) Into An Annuity?
    When you leave a job where you had a 401(k) it's important to understand what your options are for rolling over your tax-advantaged plan. Cashing out is another option but can result in significant taxes. Many choose to roll their … Continue reading → The post How to Roll Over Your 401(k) Into An Annuity appeared first on SmartAsset Blog.  ( 13 min )
    Do I Really Still Need a Financial Advisor After I Retire?
    Managing your money never entirely stops, especially since retirement means living exclusively off of your assets and investments. That said, your involvement with your money can change considerably. After a life spent actively building your portfolio, choosing assets and trying … Continue reading → The post Do You Need a Financial Advisor After You Retire? appeared first on SmartAsset Blog.  ( 8 min )
    GameStop Needs Ryan Cohen More Than Ever to Maintain Meme Status
    (Bloomberg) -- GameStop Corp.’s revolving leadership door and an unclear strategy to compete in the video-game retail industry has puzzled Wall Street analysts. For its legions of retail traders, however, what matters most is Ryan Cohen.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeThere’s More Trouble Coming for Regional Bank  ( 9 min )
    This Summer, Lifeguards Have Better Job Prospects Than Office Interns
    Employers are turning to young workers and raising wages to fill openings.  ( 24 min )
    Cut Off From Headquarters: Global Fund Managers Are Stuck in China’s Black Box
    Some things global mutual-fund managers in China can’t tell their bosses back home: how much they have invested in individual stocks, how their funds are doing and who their clients are.  ( 29 min )
    Boeing Leads 5 Dow Jones Giants Near Buy Points
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    Fed Is First to Reach Crucial Junction in Global Inflation Fight
    (Bloomberg) -- The world’s major central banks are approaching a critical juncture in their fight against inflation, with the route they ultimately choose set to impact the economy for years to come.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to  ( 10 min )
    Being a Utility Executive Is Getting Harder. Tesla Is to Blame.
    Forget investing in infrastructure and earning a regulated rate of return. The utility business is getting more complicated, which creates opportunities.  ( 22 min )
    The S&P 500 has entered a bull market. Here's what history says will happen next
    In the 12 months after a bull market starts, the S&P 500 usually sees outsized returns.  ( 7 min )
    Top Materials Stocks for June 2023
    Cemex, Albermarle, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 22 min )
    Grilling Hasn’t Been This Cheap in Years
    U.S. propane prices have dropped more than 50% over the past year despite record exports.  ( 28 min )
    Charting the Global Economy: Weak Trade Shows China Struggling
    (Bloomberg) -- Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for traction.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Northeast After a Brief ReprieveIn Germany, another decline i  ( 8 min )
    Rheinmetall could be worth 17 billion euro over medium term-CEO
    The CEO of Germany's largest defence contractor Rheinmetall said he expected a further boost to the company's stock market value due to the Ukraine war and increased defence spending in Europe. "A valuation of 17 billion euros is realistic for Rheinmetall over the medium term," he added. Rheinmetall's current stock valuation is about 10.5 billion euros, on 2022 operating income of 754 million euros.  ( 7 min )
    Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows
    “Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.  ( 7 min )
    Crypto Markets Slump as US Regulatory Crackdown Spooks Investors
    (Bloomberg) -- Smaller coins led a crypto selloff as a Securities and Exchange Commission crackdown on key digital-asset exchanges unnerved investors.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareDonald Trump Charged in Florida Over Secret Documents CaseTrump Tried to Hide Documents, Share Secrets, Indictment AllegesTesla Set for $3 Billion Boost From Ford, GM Charger DealsTokens including Sola  ( 7 min )
    Egypt’s Inflation Accelerates Anew to Stay Above 30%
    (Bloomberg) -- Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already building following three currency devaluations.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Nor  ( 6 min )
    UK Workers Miss Out on Europe’s Shift to Fewer Hours on the Job
    (Bloomberg) -- British workers have missed out on a Europe-wide trend toward more leisure time and fewer hours on the job, compounding a miserable decade in which living standards stagnated.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeThere’s More Trouble Coming for Regional Banks Smoky Air Returning to NYC, US Northeast Afte  ( 7 min )
    The stock market is headed for a critical week as investors brace for new inflation data and a key Fed meeting
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    Bullwhip effect cracking US imports’ peak season (again)
    An unprecedented level of caution among importers likely to cause further declines in import volumes. The post Bullwhip effect cracking US imports’ peak season (again) appeared first on FreightWaves.  ( 11 min )
    The bull market in stocks won't last long - and there's a 99% chance of a US recession, top economist David Rosenberg says
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    The bull market in stocks could disappear as investors get whacked by even higher interest rates and higher unemployment from the Fed's inflation fight, Bank of America says
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    Costco, Amazon, and Trader Joe’s Have Great Snacks. Buy the Company That Makes Them.
    TreeHouse Foods is the only major publicly traded pure play on increasingly popular private-label food products. The stock is cheap—but it might not stay that way for long.  ( 22 min )
    Why NET Power Stock Is a Buy
    NET Power went public in a SPAC merger. But it has a promising technology for clean energy from natural gas and well-connected partners and investors.  ( 22 min )
    China Drills in Deeper Waters to Cut Reliance on Foreign Oil
    (Bloomberg) -- A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s efforts to slow its growing dependence on imported oil.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseTesla Set for $3 Billion Boost From Ford,  ( 8 min )
    China Stock Bulls Hit Reset Button After $1.5 Trillion Rout
    (Bloomberg) -- After being wrong-footed by a $1.5 trillion rout in Chinese stocks, some of Wall Street’s biggest banks are coming around to a less optimistic consensus. Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesWhat Trump’s Indictment Means for His 2024 Presidential Run  ( 7 min )
  • Open

    Zonnepaneleneigenaar moet zich niet blindstaren op energietarief
    Energieprijzen dalen weer en vaste contracten zijn terug: tijd om energieleveranciers met elkaar te vergelijken. Maar als je veel zonnestroom opwekt, zijn niet alleen de tarieven belangrijk. Je kunt ook besparen via de terugleververgoeding.  ( 5 min )
    Duitse wapenfabrikant verwacht enorme waardestijging door oorlog in Oekraïne
    De Duitse wapenfabrikant Rheinmetall verwacht de komende jaren flink meer waard te worden. De oorlog in Oekraïne zorgt voor een grote vraag naar munitie en pantservoertuigen, waardoor het bedrijf vorig jaar recordresultaten boekte. Volgens topman Armin Papperger kan de beurswaarde van Rheinmetall stijgen van 10,5 miljard euro naar 17 miljard euro.  ( 3 min )
    Luchtvaartautoriteit: 'Personeelstekort zet veiligheid in luchtvaart onder druk'
    Een gebrek aan geschikt personeel kan de veiligheid in de luchtvaart dit zomerseizoen onder druk zetten. Daarvoor waarschuwt de Europese luchtvaartautoriteit EASA in een onlangs gepubliceerde veiligheidsupdate.  ( 3 min )

  • Open

    Dow Jones Futures: Bullish Market Trend, But Fed Meeting Looms; Watch Tesla, Nvidia, Biogen
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    Forget Apple and Nvidia. Why June Belongs to Small-Caps.
    May saw a narrow group of large-cap techs continue a rally driven by artificial intelligence, while the rest of the market worried about debt default. But June saw a big reversal: a debt deal and fading AI mania, and small-caps on top—for now.  ( 22 min )
    Stock Market Gains as Wall of Worry Crumbles. What Happens Next.
    It’s fitting that the S&P 500 exited a 248-trading-day bear market—its longest since 1948—right as more stocks are beginning to join the party.  ( 22 min )
    Copper Traders Are Net Long. That’s a Good Sign for the Red Metal.
    Producers and users are looking to lock in low prices. Plus, investment newsletter commentary on China’s punk recovery, Europe’s brighter prospects, bank regulations, and a wedding-bell forecast.  ( 22 min )
    Franklin Templeton Launches Income ETF Similar to Mutual Fund
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    Fed Will Keep Raising Rates, Even if It Skips a June Hike
    The Federal Reserve is likely to leave its policy rate unchanged in June. But don’t mistake a skip for an end to monetary tightening, so long as inflation persists.  ( 22 min )
    Oil Has a Pricing Disconnect—and a Trust Issue
    Official statistics on the oil market from official bodies like OPEC and the Energy Information Administration may not reveal actual supply-and-demand dynamics. That creates a serious problem for investors.  ( 22 min )
    The bear market in stocks has officially ended and a new bull market has kicked off. Here's why investors can expect more gains ahead.
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    3 Low-Priced REITs Making Big Moves
    Several low-priced real estate investment trusts (REITs) made huge moves higher this week, and many are in the office or healthcare subsectors. Investors know that low-priced stocks can be volatile, and it’s as easy to lose as it is to gain a lot in the short term. These stocks are not for conservative investors or for people on a fixed income who cannot afford to take large risks with their capital. But abrupt new moves in a low-priced stock often portend even more future gains to come. If an i  ( 9 min )
    The Score: Apple, Coinbase, and More Stocks That Defined the Week
    Here are some of the major companies whose stocks moved on the week’s news.  ( 28 min )
    Cracker Barrel faces boycott call for celebrating Pride Month
    Restaurant chain is the latest company to face backlash from some conservatives for supporting the LGBTQ+ community.  ( 6 min )
    Yellow’s tonnage remains in free fall
    Less-than-truckload carrier Yellow reported another large drop in volumes Friday after the market closed. The post Yellow’s tonnage remains in free fall appeared first on FreightWaves.  ( 6 min )
    Stocks would plummet 20% if the bond market's expectations pan out, JPMorgan says
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    SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US
    The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.  ( 7 min )
    Everyone’s Jumping on the AI Bandwagon—Even Campbell’s Soup
    Goldman Sachs says AI isn’t a bubble because it hasn’t raised earnings expectations more broadly. We investigate some nontech companies trying it out. Plus: the allure of mid-cap stocks.  ( 22 min )
    Investors rethink recession plays, boosting U.S. stock market laggards
    A U.S. stocks rally is showing signs of expanding beyond the cluster of giant growth and tech names that have led gains this year, as investors reposition portfolios primed for a widely expected recession. For months, investors piled into a handful of megacap companies seen as safe bets in uncertain times, spurring a rally that has lifted the S&P 500 nearly 12% year-to-date, concentrated in a small group of stocks. As the U.S. economy holds up despite higher interest rates, fears of an imminent downturn are fading.  ( 8 min )
    Generative AI Will Have 'Enormous Impact' on Business, Execs Admit—But Not Right Away
    Corporate executives are optimistic about the benefits of generative AI, according to a KPMG study, but it'll take time to implement.  ( 7 min )
    Binance.US tells customers to withdraw their cash from the exchange as the SEC pursues its 'ideological' attack on the crypto industry
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    Stock Market Action Plan June 12-16: Fed Meeting, Earnings From Lennar, Oracle Adobe
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    3M Can’t Resolve Mass Lawsuits Through Earplug Unit’s Bankruptcy, Judge Rules
    A bankruptcy judge rejected 3M’s use of chapter 11 to resolve the largest mass tort case in U.S. history, dismissing a “fatally premature” bankruptcy case filed by its military earplug manufacturing unit.  ( 25 min )
    Top CD Rates Today, June 9, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Not Your Father's Oracle Stock
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    Airbnb Stock: Is It A Buy Or Sell? Here's What Fundamentals, ABNB Stock Chart Action Say
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    Earnings Calendar, Analyst Estimates And Stocks To Watch
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    ONON Stock, IBD Stock Of The Day, Springs Into Buy Range As Analyst Doubles Down
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    Molson Coors Gets Another Bud Light-Driven Upgrade
    There has been some debate about how long Molson Coors’ brands can benefit from the Bud Light brouhaha.  ( 22 min )
    Tesla’s Record Run Drives Nearly $200 Billion Jump in Value
    (Bloomberg) -- The clouds are finally parting for Tesla Inc. investors who stuck with the electric-vehicle maker through a rough ride. A rush of good news for the company and the return of bullish market conviction have put the stock on pace to more than double this year.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans  ( 8 min )
    Cost of Being Wrong Gets Bigger by Day in Ever-Diverging Markets
    (Bloomberg) -- Markets, Boaz Weinstein said this week, are “constantly wrong.” Telling which one is most astray right now has become the big challenge for investors facing conflicting signals across asset classes.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseUkraine’s New Tanks Are Seen in Action as Counteroffensive Gets UnderwayRussian Elite Is Souring on Putin’s Chances of Winning His WarWhat Trump’  ( 10 min )
    ‘It’s not even good for money laundering’: ‘Black Swan’ author Nassim Taleb lashes out at Bitcoin and says it’s ‘transformed into a cult’
    Nassim Taleb said crypto was less trustworthy than the Mafia.  ( 8 min )
    Carvana crashes back down to earth
    Carvana's big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains were a welcome turnaround.  ( 6 min )
    S&P 500 finishes week at highest level since August, as Nasdaq logs 7th-straight winning week: Stock market news today
    Stocks popped on Friday after the S&P 500 officially entered a bull market to end Thursday's trading session.  ( 8 min )
    Week’s Best: Charles Schwab’s Cash Headache
    Here’s our weekly roundup of the week’s most-read articles at Barron’s Advisor.  ( 22 min )
    Tech Stocks Are Hot. Traders Are Betting It Will Last.
    Tech stocks are on track for their longest winning streak since 2019. Options traders are doubling down. Some of the most actively t  ( 19 min )
    Snowflake Stock Sees Big Buy From Director Mark D. McLaughlin
    Former Palo Alto Networks CEO Mark D. McLaughlin just bought $300,000 of shares of cloud-software firm Snowflake.  ( 22 min )
    Apache announces end to North Sea drilling hours after UK scales back windfall tax
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    4 Growth Stocks In Health Care Near Breakouts. But Watch These Flaws.
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    Cardone Reveals His Biggest Multifamily Investment Mistake Was Thinking Too Small
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    ServiceNow Gets a Price Target Raise. Why It’s an AI Winner with Nvidia.
    Piper Sandler analyst Rob Owens raised his ServiceNow price target to $600 from $525 and reaffirmed his Overweight rating on the stock.  ( 22 min )
    Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services
    The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers.  ( 7 min )
    Here’s Why Nike Is Changing Its Strategy With DSW and Macy’s
    Nike had severed ties with wholesalers as it carved out its direct-to-consumer strategy.  ( 22 min )
    Stocks pop after S&P 500 enters bull market: Stock market news today
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    BofA Says Stock Bull-Market Means More Gains 92% of the Time
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  • Open

    Building New vs. Buying an Existing Home
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    Macroeconomic Stabilization Fund (FEM) Definition
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    DISH Network Shares Fall Following Report It's Seeking Cash to Pay for 5G Rollout
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    Simple vs. Compounding Interest: Definitions and Formulas
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  • Open

    Dow Jones Today: Index Inches Up Ahead of Fed Meeting
    The Dow Jones Industrial Average ticked up about 0.1%, or 44 points, on below-average volume as investors await next week's inflation reading and an interest rate decision from the Federal Reserve.  ( 1 min )
    Markets End the Week in the Green in Anticipation the Fed Will Pause Rate Hikes
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    US Equities Little Changed at Midday as Tesla, GM Shares Rise After Charger Deal
    Markets were little changed at midday on Friday, June 9, 2023, while Tesla, GM, and Ford shares advanced after GM joined Ford in a deal for its EVs to use Tesla chargers.  ( 1 min )
    5 Things to Know Before Markets Open
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  • Open

    GM Looks To Turbocharge EV Sales With Tesla Charging Partnership
    General Motors has joined Ford in announcing a partnership with Tesla to use its charging stations, in a boost to EV adoption and Tesla.  ( 1 min )
    Sonoma Pharmaceuticals Shares Soar 44% After Introducing New Product
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    Netflix Subscriptions Surge After Password-Sharing Crackdown
    Netflix subscriptions soared in the U.S. after the streaming service's recent crackdown on password sharing.  ( 1 min )
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    Shares of DocuSign turned lower after the online document signing service warned about customer demand.  ( 1 min )
  • Open

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    Klanten kunnen bij Jumbo weer M&M's, Mars-repen, Kitkat en Whiskas-kattenvoeding kopen. De supermarktketen heeft met fabrikanten Mars en Nestlé nieuwe afspraken gemaakt over de levering van deze producten.  ( 4 min )
    Frankrijk dwingt fabrikanten om prijzen van boodschappen te verlagen
    Bedrijven die eten en drinken produceren, moeten van de Franse regering hun prijzen verlagen. Dit moet de pijn van de inflatie verzachten voor de Franse consument. Volgens het kabinet hebben de bedrijven waar het om gaat beloofd mee te werken. Als ze dat niet doen, worden hun namen bekendgemaakt.  ( 3 min )
    In Utrecht is het een jaar lang verboden om tabakswinkel te openen
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    De NS moet zijn personeel onregelmatigheidstoeslag gaan betalen over alle vakantiedagen. Door deze uitspraak van de Hoge Raad krijgen zo'n elfduizend werknemers meer geld tijdens hun bovenwettelijke verlofdagen.  ( 3 min )
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    Steeds meer Nederlanders zien energierekening dalen
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    Oproep | Werk jij voor een bagageafhandelaar op Schiphol? Dan zoeken we jou
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    Omdat de zon in mei volop scheen, zijn Nederlanders weer aan het tuinieren geslagen. Bij veiling FloraHolland was de omzet aan verhandelde tuinplanten 22,5 procent hoger dan vorig jaar. Vooral petunia's, hortensia's en geraniums waren populair.  ( 4 min )
    Meer samenwerking tussen VS en VK om Rusland en China tegenwicht te bieden
    De Verenigde Staten en het Verenigd Koninkrijk gaan economisch nauwer samenwerken. Met de zogenoemde Atlantische Verklaring willen ze Rusland en China meer tegenwicht bieden.  ( 3 min )
    Japans sushirestaurant wil dalende omzet verhalen op minderjarige sushilikker
    Een jongen die onder meer aan een sojafles likte in een Japans restaurant en zijn actie liet filmen, kan een gepeperde rekening verwachten. Sushiketen Sushiro eist namelijk een forse schadevergoeding van de 'sushiterrorist' voor de dalende omzet.  ( 4 min )
    Lidl legt vegetarische producten direct naast vlees om vleeseter te verleiden
    Wie straks een burgertje wil uitzoeken in de Lidl kan straks in één handbeweging voor de vegetarische variant kiezen. De discounter gaat de vier best lopende vleesvervangers namelijk direct naast het vlees leggen in de koeling.  ( 3 min )
    In alle bedrijfstakken is het ziekteverzuim gedaald
    Het ziekteverzuim op de werkvloer lag in het eerste kwartaal van 2023 beduidend lager dan een jaar eerder. In alle bedrijfstakken daalde het aantal dagen dat medewerkers zich ziek meldden.  ( 4 min )
    Overheid helpt mensen in de bijstand niet altijd goed genoeg
    De Participatiewet, die sinds 2015 de bijstand regelt, heeft een te grote focus op betaald werk. Daardoor krijgen bijstandsgerechtigden niet altijd voldoende hulp bij hun problemen, concludeert het Sociaal en Cultureel Planbureau (SCP) in een nieuw onderzoek.  ( 3 min )
    Run op vaste energiecontracten nu ze weer beschikbaar zijn
    Nederlanders sluiten de laatste tijd weer veel energiecontracten af waarin de tarieven voor langere tijd vastliggen. Vooral de jaarcontracten doen het goed, merkt vergelijkingssite Independer. Ook Eneco en Essent zien dat veel mensen op zoek zijn naar zekerheid.  ( 4 min )

  • Open

    Pros and Cons of a Strong Dollar
    While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )
    Devaluation: What It Is and How It Works
    Devaluation is the deliberate downward adjustment to the value of a country's currency relative to another currency or standard.  ( 23 min )
    Top CD Rates Today, June 8, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Cut-Off Score: Definition and What It Means to Consumers
    A cut-off score is a minimum credit score an individual may need to get a loan or other form of credit from a particular lender.  ( 22 min )
    Top Savings Rate Hits New High, Plus More Options Now Pay Over 5%
    Savings account rates are at record highs, giving you multiple options that earn more than 5%, including a top nationwide rate of 5.12% APY.  ( 18 min )
    Marcus Savings Account Interest Rates: June 2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 19 min )
    State Farm Savings Account Interest Rates: June 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 19 min )
    U.S. Bank Savings Account Interest Rates: June 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 18 min )
    What Is a Clean-Up Requirement?
    A clean-up requirement is a stipulation that is intended to help lenders ensure that borrowers who use revolving lines of credit pay their debts.  ( 20 min )
    Fidelity Cash Management Account Interest Rate: June 2023
    If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.  ( 20 min )
    Markets Rose on Thursday, June 8, 2023, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
    Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 16 min )
    Michael Jordan's Iconic 'Flu Game' Air Jordan Sneakers May Fetch More Than $1 Million
    A rare pair of Air Jordan sneakers that are an iconic part of basketball history are up for auction and likely to fetch more than $1 million.  ( 16 min )
    Amortized Loan: What It Is, How It Works, Loan Types, Example
    An amortized loan is a loan with scheduled periodic payments of both principal and interest, initially paying more interest than principal until eventually that ratio is reversed.  ( 21 min )
    10 Countries With the Highest Incomes
    Learn more about the top 10 countries that have the most disposable income per capita.  ( 24 min )
    Dow Jones Today: Index Moves Higher on Lower Volume
    Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 16 min )
    What Is a Covenant? Definition, Meaning, Types, and Examples
    A covenant is a commitment in a bond or other formal debt agreement that certain activities will or will not be undertaken.  ( 30 min )
    8 Unusual Ways Businesses Can Borrow Money
    More and more alternative lenders have emerged for business owners. But beware: Some offer better terms than others.  ( 20 min )
    CFA Certifications: Advantages and Disadvantages
    Earning the CFA certification can be a grueling process. Before you commit, read what it takes to become a CFA and how it could benefit your career.  ( 25 min )
    3 Reasons Why Countries Devalue Their Currency
    Ever since world currencies abandoned the gold standard, many currency devaluation events have sent disruptive ripples across the globe.  ( 22 min )
    Almost 80% of Would-Be Homebuyers Fear Getting Priced Out of the Market Says Realtor.com
    More than two-third of potential homebuyers say they would be sidelined if the Federal Reserve continues to hike interest rates and a lack of homes on the market push prices higher.  ( 16 min )
    US Solar Installations Hit Q1 Record as Delayed Projects Came Online
    The amount of power produced from Q1 solar installations in the U.S. was up 47% from 2022, setting an all-time Q1 high as delayed projects came online.  ( 16 min )
    What Is a Homeowners Association (HOA) and How Does It Work?
    A homeowner association (HOA) makes and enforces rules for a subdivision, planned community, or condominium building; its members are residents.  ( 26 min )
    What Is an Invoice? It's Parts and Why They Are Important
    An invoice records itemized transactions and is used for expense management and bookkeeping.  ( 25 min )
    How Apple Makes Money
    iPhones are the biggest revenue source, but its services business has the largest margins.  ( 27 min )
    Carvana Boosts Guidance on Cost Savings, and Shares Soar
    Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 16 min )
    Top Consumer Discretionary Stocks for June 2023
    Light & Wonder, Rivian Automotive, and MINISO Group Holding are the top consumer discretionary stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Financing: What It Means and Why It Matters
    Financing is the process of providing funds for business activities, making purchases, or investing.  ( 24 min )
    How Investing in a Turnkey Property Works
    Turnkey properties can make sense for people who want a real estate investment without truly being in the real estate business.  ( 22 min )
    Monopolistic Competition: Definition, How it Works, Pros and Cons
    Monopolistic competition exists when many companies offer competitive products or services that are similar, but not exact, substitutes.  ( 25 min )
    Fiat Money: What It Is, How It Works, Example, Pros & Cons
    Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver.  ( 28 min )
    Minority IPO Defined
    A minority IPO, also known as a partial IPO, is a type of initial public offering (IPO) in which a parent company partially divests itself of one of its subsidiaries.  ( 18 min )
    Flipping Houses: How it Works, Where to Start, and 5 Mistakes to Avoid
    Far too many novice house flippers overlook the basics and end up failing. These are the five biggest mistakes that would-be flippers make.  ( 27 min )
    Hire Purchase Agreements: Definition, How They Work, Pros and Cons
    Hire purchase agreements allow buyers to purchase expensive goods, but they don't own the goods until the last installment has been paid.  ( 23 min )
    What Is a Payment Gateway? How It Works and Example
    A payment gateway is the front-end technology that reads payment cards and sends customer information to the merchant acquiring bank for processing.  ( 22 min )
    SEC Chair Doubles Down on Need For Crypto Regulation
    Just days after suing some of the largest crypto exchanges in the world, SEC chief Gary Gensler was scathing in his criticism of crypto firms, saying that they are subject to U.S. securities laws.  ( 17 min )
    How to Invest in LGBTQ+-Friendly Companies
    Research shows that companies with socially inclusive, LGBTQ+-friendly policies have stronger employee retention and improved share performance.  ( 24 min )
    How Does the Envelope Budgeting System Work?
    The envelope budgeting system is designed to make it easier to track cash spending each month. Learn how it works.  ( 22 min )
    5 Companies Owned by Square (Block)
    Stitch Labs, Weebly, Verse Technologies, Eloquent Labs, and Third Party Trade are all major companies owned by Square (Block).  ( 23 min )
    Absolute Advantage: Definition, Benefits, and Example
    Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. Learn how it impacts trade.  ( 26 min )
    Discount Rate Defined: How It's Used by the Fed and in Cash-Flow Analysis
    "Discount rate" has two distinct definitions. It can refer to the interest rate the Federal Reserve charges banks for short-term loans, but it's also used in future cash flow analysis.  ( 28 min )
    Elon Musk’s 5 Best Investments
    Read about some of the most important and impressive investments of Elon Musk, the engineer and tech superstar who has founded multiple businesses.  ( 23 min )
    Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
    U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 16 min )
    Commercial Office Vacancy Rates Don't Tell the Whole, Troublesome Story
    As office leases expire, tenants will downsize, leaving landlords unable to pay mortgages.  ( 17 min )
    International Petroleum Investment Company (IPIC)
    The International Petroleum Investment Company (IPIC) is an investment organization that manages the wealth fund for Abu Dhabi, United Arab Emirates.  ( 17 min )
    Today's Mortgage Rates & Trends - June 8, 2023: Rates Dip
    Rates on 30-year mortgages dipped slightly, keeping them wavering in a narrow range over the last four days. Averages were also down or steady for almost every other loan type.  ( 19 min )
    Excess Judgment Loss Definition
    An excess judgment loss is the additional amount that an insurer must pay above the policy limit.  ( 19 min )
    Signet Jewelers Lowers Outlook as Mother's Day Sales Disappoint
    Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 16 min )
    American Express CD Rates: April 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 20 min )
    IRS Error Hits Some Disaster-Affected California Taxpayers with Incorrect Due Dates
    The Internal Revenue Service has apologized to taxpayers who were sent payment demands months ahead of schedule.  ( 17 min )
    Lenders: Definition, Types, and How They Make Decisions on Loans
    A lender is an individual, a group, or a financial institution that lends funds with the expectation that the funds will be repaid.  ( 22 min )
    GameStop Shares Sink after the Retailer Fires CEO, Elevates Ryan Cohen
    GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 17 min )
    Consumer Bankers Association (CBA) Definition
    The Consumer Bankers Association (CBA) is a U.S. trade organization representing financial institutions offering retail lending products and services.  ( 20 min )
    What Is a Billionaire?
    A billionaire is an individual who has assets or a net worth of at least one billion currency units, such as dollars or euros.  ( 20 min )
    Special Economic Zone (SEZ) Meaning and Relation to FDI
    A special economic zone is a designated area in a country that is subject to unique economic regulations that differ from other areas in the same country.  ( 22 min )
    Top Healthcare Stocks for June 2023
    Top healthcare stocks include Theravance Biopharma for best value, Dr Reddy's Laboratories for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )
    Top Consumer Staples Stocks for June 2023
    Cal-Maine Foods is top for value and e.l.f. Beauty is top for growth and momentum, respectively  ( 20 min )
    Unemployment Claims Surged Last Week. Is the Labor Market Weakening?
    Claims for unemployment insurance were made at a rate not seen since October 2021, signaling that the high-flying labor market may finally be losing altitude.  ( 16 min )
    Simple Loan Calculator
    Investopedia’s simple loan calculator will help you understand what your potential monthly payment would be and what you need to know before taking out a loan.  ( 16 min )
    U.S. Savings Bonds vs. CDs: What’s the Difference?
    U.S. savings bonds and certificates of deposit (CDs) are both safe investments that offer modest returns. Which one you choose depends on your time line.  ( 24 min )
    What Does Ltd. (Limited) Mean After a Business Name?
    Ltd. is an abbreviation for "limited," a type of incorporation used in the United Kingdom, Ireland, Canada, and other Commonwealth countries.  ( 22 min )
    Is Eurozone In a Recession? Depends on Your Definition of a Recession
    While the region's gross domestic product hit a statistically significant marker of a recession, economists have not yet sounded the alarm.  ( 16 min )
    Loan Amortization Calculator
    A loan amortization schedule shows how much interest and principal you will be paying off each month for the term of a loan.  ( 15 min )
    New York City Rents Are Breaking Records—And Are Expected to Keep Growing
    New lease signings surged in May and listings were still historically low, putting pressure on rent prices in Manhattan, Queens and Brooklyn.  ( 17 min )
    Sampling: What It Is, Different Types, and How Auditors and Marketers Use It
    Sampling is a process used in statistical analysis in which a group of observations are extracted from a larger population.  ( 25 min )
    5 Things to Know Before Markets Open
    President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 18 min )
    Understanding Credit Card Interest
    Charging you interest is one way that credit card companies make money. Here is how credit card interest works—and how to pay less of it.  ( 27 min )
    What Is an Asset? Personal and Business Assets
    An asset is a resource owned by an individual or business that provides present or future value.  ( 22 min )
    Emergency Banking Act of 1933: Definition, Purpose, Importance
    The Emergency Banking Act of 1933 was passed to restore investor confidence and stabilize banks in the wake of the Great Depression.  ( 24 min )
  • Open

    Dow Jones Futures: Boeing, Apple Chipmaker In Buy Areas; Tesla Runs Late On GM Deal
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    The bear market is over. Here's why investors see better days ahead.
    Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.  ( 6 min )
    The 'mother of all melt-ups' in stocks could be quickly followed by a meltdown as the bubble in overvalued names pops, Ed Yardeni says
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    Blackstone Says PE Investors Lack Extra Cash: Bloomberg Invest
    (Bloomberg) -- The Bloomberg Invest conference resumed Thursday with some of the most influential leaders in finance gathering in New York for conversations on a wide range of topics, including artificial intelligence, cryptocurrencies and venture capital.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resume  ( 13 min )
    Top CD Rates Today, June 8, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    DocuSign Shares Climb With Turnaround Efforts Under Way
    The e-signature company has cut jobs and changed leadership in response to slower growth.  ( 27 min )
    Delta Air Lines Profit Expected To Soar 75%
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    If You Don’t Like It, Leave: CZ's Message to Employees After SEC Leaks Chat Logs
    According to a translated copy of an internal memo, Binance's CEO said the leaked chat logs "did a lot of damage."  ( 6 min )
    Real-estate tycoon Jeff Greene made $800 million shorting the last housing bubble. He explains how John Paulson inspired the contrarian bet, and how he's protecting his wealth today.
    No content preview
    Boeing Is Rising Again as Travel Rebound Lifts Aviation Stocks
    The stock just missed finishing at a new 52-week closing on Thursday. There are a couple of reasons the shares have been gaining ground.  ( 34 min )
    Carvana Short Sellers Lose $1 Billion After Record Rally
    (Bloomberg) -- Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersA hot streak for the struggling used-car dealer has spelled only troub  ( 7 min )
    DocuSign Shares Soar on Strong Revenue and Billings
    E-signature company DocuSign beat street estimates on every metric. The company raised full-year guidance.  ( 22 min )
    Google has officially changed its mind about remote work
    Yet another big tech baron is beckoning workers back to the office. Now Google is doubling down on enforcing in-person work, according to a new company notice.  ( 9 min )
    The S&P 500 is in a bull market. Here's what that means and how long the bull might run
    The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market is a bull market because bulls charge, said Sam Stovall, chief investment strategist at CFRA.  ( 7 min )
    Carvana stock, heavily shorted, gains 56% after outlook update
    Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )
    'This Really Needs To Stop': Elon Musk Just Slammed Ireland's Plans To Slaughter 200K Cows For Climate Change — 3 Top Green Stocks That Actually Make A Difference
    Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of this method. “Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association. It also  ( 9 min )
    Stocks rise, S&P 500 enters new bull market: Stock market news today
    Stocks have now risen more than 20% since their October lows, marking a new bull market for the S&P 500.  ( 8 min )
    Bud Light is no longer America's best-selling beer
    Mexican-style lager Modelo Especial outsold the popular Anheuser-Busch last month, new sales data shows.  ( 6 min )
    Billionaire investor Ray Dalio says the US is at the start of a debt crisis - and worse times are ahead for the economy
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    SEC Seeks ‘Alternative Means’ to Serve Papers to Binance’s Zhao
    (Bloomberg) -- The US Securities and Exchange Commission asked a federal court for permission to use “alternative means” to serve papers to Binance Holding Ltd. and Changpeng Zhao, noting that the crypto executive is “famously protective of revealing his whereabouts.”Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersLeaving New York for Miami Can  ( 6 min )
    Warren Buffett's Advice For Introverts: Conquering Fears And Mastering Communication
    Warren Buffett, the brilliant billionaire investor renowned for his frugality and investment genius, has proven time and again that his wisdom extends far beyond the realm of finance. Recently, Buffett offered direct advice to introverts seeking to navigate the fast-paced and often extrovert-centric business landscape, shedding light on his own experiences and the strategies he employed to overcome obstacles. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Sta  ( 7 min )
    Let’s Try ‘Return to Work’ Without the Stunts
    Costumed retreats and ‘vibe managers’ ignore the fact that offices aren’t supposed to be fun  ( 26 min )
    Carvana stock, heavily shorted, jumps 50% after outlook update
    Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )
    Cathie Wood Slams the SEC, Claims Coinbase Will Come Out a Winner
    ARK Invest’s CEO said that the SEC’s prompt action against Coinbase following the Binance lawsuit was “unfortunate.”  ( 7 min )
    AI Stocks Aren’t in a Bubble. Look at the Numbers.
    Microsoft, Nvidia, AMD, Meta Platforms, and Alphabet stocks have surged. They aren't in bubble territory, however, when considering valuations relative to historical data.  ( 22 min )
    Nikola Shareholders Reject Plan for More Stock Shares
    The electric-vehicle maker, which needs cash for the production of trucks, extends voting to July.  ( 28 min )
    Qualcomm May Be a Hidden AI Winner, Says Analyst. Smartphone Chips Are Why.
    TD Cowen analyst Matthew Ramsay says chips within phones, such as those the company makes, could handle some of the processing for AI queries.  ( 22 min )
    UPDATE 1-Trump asks for new trial in E. Jean Carroll sex abuse case -court filing
    Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a Manhattan jury last month found the former U.S. president liable for sexually abusing and defaming the writer and awarded her $5 million in damages. In a filing in Manhattan federal court, Trump's lawyers said the jury's $2 million award for the sexual abuse portion of the verdict was "excessive" because the jury had found that Carroll was not raped, and that the conduct Carroll alleged did not cause any diagnosed mental injury. A lawyer for Carroll had no immediate comment.  ( 6 min )
    Kim Kardashian seeks secret of private equity success as rising rates bite
    BERLIN (Reuters) -Reality star Kim Kardashian's arrival at a gathering of the globe's top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the SuperReturn industry event, saying she wanted to learn the secrets of investing having set up her own fund last year. Talking about her ambitions, Kardashian, whose empire spans skincare and underwear, sought what she called the "magic sauce" or special qualities of founders of companies which her fund, that has yet to make an investment, could back.  ( 7 min )
    Supreme Court Says Jack Daniel’s Can Sue Maker of ‘Bad Spaniels’ Dog Toy
    The Supreme Court said the distiller of Jack Daniel’s whiskey could pursue a trademark claim against the maker of Bad Spaniels, a dog toy resembling a famous liquor bottle.  ( 30 min )
    How Google plans to finally force workers back to the office
    A year ago, Google greeted staff members coming back to the office for the first time with a lavish party.  ( 10 min )
    Carvana Shares Jump Nearly 50% as Company’s Profit Outlook Improves
    The online used-car retailer says its cost-cutting efforts are taking hold.  ( 34 min )
    Oil Prices Dive After Report of U.S.-Iran Talks
    U.S. crude prices fell nearly 5% Thursday after a report of U.S.-Iran talks on a temporary nuclear deal that would allow the Islamic Republic to export more crude. Middle East Eye reported that the countries are [nearing a stopgap agreement](https://www.middleeasteye.net/news/iran-us-nuclear-near-i  ( 20 min )
    Three Unexpected Reasons Oil Prices Are Lower Than Expected
    Research firm Energy Aspects is slashing its oil price forecast by $15 a barrel for the second half of the year, citing three factors that don't ordinarily play a major role in the game of predicting crude's direction. According to Energy Aspects' report out today: Higher rates: Interest r  ( 22 min )
    Tesla Stock Rises Again. It’s About the Cybertruck This Time.
    Tesla stock is on pace for its 10th consecutive gain. Here's one reason why the shares are on fire.  ( 25 min )
    Kevin O'Leary says if Coinbase CEO worked for him, 'I'd fire him'
    O’Leary criticized Coinbase Global (COIN) leadership for “butting heads” with the SEC – which on Tuesday sued the cryptocurrency exchange for acting as an exchange, a broker, and a clearing agency without registering.  ( 8 min )
    QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
    (Bloomberg) -- The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields and the dollar higher, according to BNP Paribas SA.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,0  ( 7 min )
    Tesla Stock’s Hot Streak Keeps Rolling
    Shares of Tesla just keep on rising. The electric automaker's stock, recently up nearly 4% to about $232, is on track to finish higher for a tenth straight session, according to Dow Jones Market Data. That would represent its longest winning streak since an 11-session run that ended in January 202  ( 19 min )
    Carvana stock jumps 25% after outlook update
    Carvana (CVNA) stock was trading 25% higher on Thursday after the online car retailer raised its outlook.  ( 7 min )
    What's Going On With FuelCell Energy's Stock Today
    FuelCell Energy Inc (NASDAQ: FCEL) reported second-quarter FY23 revenues of $38.35 million, more than double from $16.38 million a year ago, beating the consensus of $25.45 million. "Revenue growth in the quarter was largely driven by revenues from long-term service agreements, primarily relating to the new module exchanges at the plant owned by Korea Southern Power Company ("KOSPO") in Korea that were completed during the quarter," commented Jason Few, President and Chief Executive Officer. The  ( 7 min )
    Don’t Fear the Bull Market. Why Stocks Are Headed Higher.
    The stock market has climbed a wall of worry to start the year and is nearing a bull market. Now the fun part begins. It’s time to enjoy a new bull market.  ( 38 min )
    Debt Ceiling Deal Spurs the Market
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    As A.I. stocks soar, here’s what top investors like Ray Dalio, Dawn Fitzpatrick, and Stan Druckenmiller think of their prospects
    "I'm extremely excited. I think that this is a the greatest revolution—bigger than the internet revolution," said famed investor Dalio, who founded Bridgewater Associates.  ( 7 min )
    Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.
    Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 25 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
    Last summer, Elon Musk went on record describing lithium as ‘the new oil,’ pointing out that the light metallic element now forms a vital link in the automotive industry and supply chain. Lithium is an essential component of modern rechargeable battery technology and is found in everything from smartphones and tablets to laptop computers to electric-powered bicycles and automobiles. That last application, to electric vehicles (EVs), is a rapidly growing niche, as both political and social incent  ( 10 min )
    Stocks flat as investors weigh economic data, GameStop shakeup: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    How to Split Gifts on a Tax Return
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    9 Stocks That Could Be Dropped From the S&P 500
    Lower market values make companies vulnerable to being bounced from the key index.  ( 25 min )
    Carvana Shares Soar on Forecast of Improved Financial Results
    (Bloomberg) -- Shares in used-car retailer Carvana Inc. soared as much as 32% in premarket trading after the struggling company said its operations are improving in the second quarter.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Messi Spurns $400 Million Saudi Offer to Join B  ( 7 min )
    Dow Jones Futures Fall After Surprise Jump In Jobless Claims; GME Stock Crashes 22% After Firing CEO
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    Roth IRA vs. Annuity: Which Is Better For My Retirement Lifestyle?
    There are different financial vehicles that you can use to save for retirement. A Roth individual retirement account is one option; an annuity is another. A Roth IRA annuity combines features of both into a single financial tool. You can … Continue reading → The post Using a Roth IRA Annuity for Retirement appeared first on SmartAsset Blog.  ( 9 min )
    Is $6 Million Enough For Me to Retire at 55?
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    Carvana Stock Jumps on Improved Second-Quarter Outlook
    Carvana now anticipates to achieve second-quarter adjusted Ebitda of $50 million.  ( 22 min )
    GameStop stock tanks after company fires CEO
    Gamestop fired its CEO Wednesday with no explanation. Wall Street hasn't reacted positively.  ( 8 min )
    Stock futures flat as investors weigh economic data, GameStop shakeup: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    Your Stocks Can Make You A Millionaire — Here's How
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    FuelCell’s Revenue More Than Doubles. The Stock Is Falling Anyway.
    FuelCell reports a second-quarter loss of 9 cents a share on revenue of $38.3 million.  ( 25 min )
    Stock futures flat ahead of new economic data: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    Sell Fisker Stock, Says Analyst. There’s Just Too Much EV Competition.
    Wolfe Research analyst Shreyas Patil downgraded shares of EV start-up Fisker to Sell from Hold, Thursday, according to stock market ratings aggregators. His price target for the stock is $6.  ( 22 min )
    Nikola Needs Votes. Stock Drops as Meeting Adjourned to Garner Support.
    The start-up, which makes trucks powered by battery and hydrogen fuel cells, wants to issue more shares, a necessary precursor to raising more capital.  ( 22 min )
    Daily Spotlight: Bull Market Beginning?
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    Technical Assessment: Bearish in the Intermediate-Term
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    Semtech Stock Soars. It’s Not Just a Surprise Profit That’s Lifting Hopes.
    A new CEO is set to join the chip supplier which analysts say could result in aggressive actions around costs leading to a turnaround.  ( 22 min )
    Market Digest: IART
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    Daily – Vickers Top Insider Picks for 06/08/2023
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    Daily – Vickers Top Buyers & Sellers for 06/08/2023
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    The US Big Tech Bull Case Is Starting to Show Signs of Fatigue
    (Bloomberg) -- The artificial intelligence hype that has propelled US technology stocks in the past few weeks is showing signs of fatigue.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersTech is the worst-performing industry group in  ( 8 min )
    Google ramps up return-to-office push by using in-person attendance as part of employee performance reviews
    Google would also allow a full-time remote arrangement only in exceptional cases, the tech giant said.  ( 9 min )
    Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders
    (Bloomberg) -- Bonds are slumping from the US to Australia as early hawkish signs from this month’s slew of central-bank meetings spurred traders to renew bets on an extended interest-rate hiking cycle. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blankets NYCMessi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiDam Destroyed in the Dead  ( 7 min )
    These 2 Energy Stocks Could Get a Boost From Falling Prices
    Oil producers Devon Energy and Marathon Oil stand to gain as their operational costs ease, says Citigroup.  ( 22 min )
    Analysis-Fading risks, fear of missing out may fuel US stocks after near 20% rally
    Worries that have dogged U.S. stocks for months are fading, pushing some Wall Street firms to raise their outlooks for equities and beckoning investors who have remained on the sidelines. Signs of strength in the economy, relief over a deal to raise the U.S. debt ceiling and an interest rate hiking cycle that may be nearing its end have heartened investors and driven the benchmark S&P 500 up nearly 20% from its October low - one definition of a bull market. And while computer-driven strategies have been piling into the market for months, according to Deutsche Bank, positioning among discretionary investors -- a cohort that includes everyone from active mutual funds to retail investors -- is lighter than it has been 74% of the time since 2010, the bank’s data showed.  ( 8 min )
    Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.
    Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 22 min )
    The worst liquidity crunch since the Lehman Brothers crisis will be the stock market's biggest obstacle this summer, JPMorgan's chief equity strategist says
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    Gold jumps as US dollar, yields dip after jobless claims data
    Gold prices climbed more than 1% on Thursday as the dollar and bond yields slipped after data showed U.S. weekly jobless claims surged last week, cementing expectations that the Federal Reserve will pause its interest rate hiking cycle. Spot gold rose 1.4% to $1,967 per ounce by 12:03 p.m. EDT (1603 GMT). The number of Americans filing new claims for unemployment benefits surged last week, suggesting that the labour market was slowing amid mounting risks of a recession.  ( 7 min )
    Dow Jones Futures: Market Rally Turns Upside Down; Here's What To Do Now
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    Copper Slump Will Give Way to Record Buying Spree, Citi Says
    (Bloomberg) -- Investors look set to pile into the copper market on an unprecedented scale in the next few years as usage surges in electric vehicles and renewable energy, according to Citigroup Inc.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Air  ( 9 min )
    Oil falls, pares losses on White House rebuttal of Iran deal report
    Oil prices fell $3 a barrel on Thursday as demand weakness and a report that the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes. Oil fell on a news report, citing sources, that Iran and the U.S. are nearing a temporary deal that would trade some sanctions relief in exchange for reducing Iran's uranium enrichment. At an OPEC+ meeting on Sunday, Saudi Arabia said it will cut its crude output by 1 million barrels per day in July on top of a broader deal to limit supply into 2024 as the producer group seeks to boost flagging prices.  ( 7 min )
    Javice Accuses Prosecutors, SEC of ‘Hide-the-Ball’ Tactics
    (Bloomberg) -- A lawyer representing Charlie Javice accused the US of deploying “hide-the-ball” legal tactics in an effort to gain an advantage in its criminal prosecution of the Frank founder.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Airport G  ( 8 min )
    Nikola Adjourns Meeting to Marshal Shareholder Support
    The company wants to issue more shares, a necessary precursor for raising more capital.  ( 22 min )
  • Open

    Dow Jones Today: Index Moves Higher on Lower Volume
    Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 1 min )
    Markets Rise, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
    Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 1 min )
    Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
    U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 1 min )
  • Open

    Carvana Boosts Guidance on Cost Savings, and Shares Soar
    Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 1 min )
    Signet Jewelers Lowers Outlook as Mother's Day Sales Disappoint
    Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 1 min )
    GameStop Shares Sink after the Retailer Fires CEO, Elevates Ryan Cohen
    GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 1 min )
  • Open

    NU+ | Hier kun je aankloppen voor financiële, sociale of mentale hulp
    Een op de tien volwassenen heeft te maken met opstapelende mentale problemen. Om hulp vragen kan moeilijk zijn, zeker als je niet weet waar je terechtkunt. NU.nl zet een aantal mogelijkheden op een rijtje.  ( 4 min )
    Kaag: 'Graaiflatie een frame dat je niet zomaar kunt gebruiken'
    De term graaiflatie kun je niet zomaar op alle prijsstijgingen plakken, vindt minister Sigrid Kaag (Financiën). Volgens haar doet de term geen recht aan de werkelijkheid. De bewindsvrouw sluit niet uit dat er alsnog maatregelen komen om de inflatie te dempen.  ( 5 min )
    Auto opladen op Terschelling dubbel zo duur als in Staphorst of Losser
    Prijzen aan de laadpaal voor elektrische auto's verschillen enorm per gemeente. Een strategische oplaadplek kan per maand meerdere tientjes schelen.  ( 4 min )
    Europese chipbedrijven kunnen miljarden euro's tegemoetzien
    Bedrijven in de Europese chipsector ontvangen de komende tijd 8,1 miljard euro voor tientallen verschillende projecten. Met het geld kunnen bedrijven zoals ASML innovaties ontwikkelen die van Europa een voorloper moeten maken op het gebied van chiptechnologie.  ( 3 min )
    Accountants moeten van toezichthouder scherper naar frauderisico kijken
    Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )
    Huren gaan volgende maand paar procent verder omhoog
    Wie een woning huurt van een corporatie betaalt vanaf juli gemiddeld 2,4 procent meer dan nu. Voor ongeveer 600.000 huishoudens gaat de huur juist omlaag, om ze te ontzien in tijden van hoge inflatie.  ( 4 min )
    Accountants moeten van AFM scherper naar frauderisico kijken
    Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )
    Nedcar-personeel mag geheim document van opdrachtgever BMW toch inzien
    De ondernemingsraad (or) van autofabriek VDL Nedcar mag een geheim document van opdrachtgever BMW toch inzien. Het concern beëindigt het contract voor de bouw van MINI's in Born voortijdig en betaalt VDL daarom een afkoopbedrag. Nu kan de or nagaan of een groot deel van dat geld terechtkomt bij medewerkers die hun baan verliezen.  ( 4 min )
    Video | Gasveld Groningen mogelijk dicht, hoe wordt zo'n gasveld gesloten?
    Het Groningenveld gaat dit jaar mogelijk dicht. Maar hoe wordt een gasveld nou precies gesloten?  ( 3 min )
    Beleggingsbank BinckBank krijgt half miljoen euro boete voor overtreden regels
    Het beleggingsplatform BinckBank heeft een boete van een half miljoen euro gekregen. Waakhond AFM oordeelt dat BinckBank niet genoeg deed om te bepalen of haar klanten genoeg kennis van de beleggingsmarkt hadden.  ( 3 min )
    Bagagebedrijven op Schiphol krijgen boete als ze sjouwwerk niet snel verlichten
    Alle zes bedrijven die bagage op Schiphol verplaatsen, hangt een boete boven het hoofd. De fysieke belasting voor medewerkers is gevaarlijk voor de medewerkers, oordeelt de Arbeidsinspectie. In maart bleek dat de bagageafhandelaars niet de nodige veranderingen hebben doorgevoerd.  ( 3 min )
    Eurozone zat begin dit jaar tóch in een recessie
    De economie van de landen met de euro is in het eerste drie maanden van dit jaar onverwacht in een recessie belandt. Volgens herziene cijfers van het Europese statistiekbureau Eurostat kromp de economie van het eurogebied met 0,1 procent ten opzichte van een kwartaal eerder. Ook wordt nu een krimp van 0,1 procent voor het vierde kwartaal van 2022 gemeld door het statistiekbureau.  ( 3 min )
    Steeds meer Nederlanders zijn bezorgd over hun geldzaken in de toekomst
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    Rabobank verwacht dit jaar een economische groei van 0,6 procent
    De Nederlandse economie groeit dit jaar waarschijnlijk met 0,6 procent en in 2024 met 0,9 procent. Dat verwachten economen van de Rabobank ondanks de economische krimp in het eerste kwartaal.  ( 4 min )
    Zorgen over bezuiniging op mensen met beperking: 'Overheid zet ons goed klem'
    Wie vanwege een chronische ziekte of een beperking een traplift nodig heeft, moet straks mogelijk meer betalen. Het kabinet wil dat mensen met een beperking vanaf 2026 een inkomensafhankelijke bijdrage gaan leveren aan de zogeheten Wmo-voorzieningen. Mensen met een handicap reageren kritisch op de bezuiniging: "We leven al aan de rand van de maatschappij."  ( 6 min )

  • Open

    Investors should buy the dip as the stock market will keep climbing amid a trifecta of bearish voices, Fundstrat says
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    Coinbase CEO on SEC lawsuit: 'This will get resolved'
    Coinbase CEO Brian Armstrong spent Wednesday pushing back on a new legal challenge from the SEC and offering assurances that the firm would get through its current turmoil.  ( 8 min )
    GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
    Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.  ( 28 min )
    Black workers at California Tesla factory allege rampant racism, seek class-action status
    Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as a plantation or slave ship. The testimonies filed Monday in Alameda County Superior Court comes from contractors and employees who worked on the production floor of the factory in Fremont, roughly 40 miles (65 kilometers) southeast of San Francisco. Lawyers suing Tesla, Inc. estimate at least 6,000 workers could be part of the class.  ( 8 min )
    China stretched its gold-buying spree into the 7th straight month in May, signaling more central bank de-dollarization
    China continued to amass gold, adding an additional 16 tons in May, while its foreign currency reserves fell, Bloomberg reported.  ( 7 min )
    Flood of US Renewable Projects Risks ‘Breaking’ Power Markets
    (Bloomberg) -- The potential for a flood of US renewable projects driven by new tax incentives is at risk of “breaking” power markets by pushing electricity prices to negative levels, according to Wells Fargo.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCTech Stocks Sputte  ( 6 min )
    Mastercard and Visa Tumble on New Bill Threat. Analysts Don’t See a Problem.
    Legislation to improve compeition among credit-card networks is set to be reintroduced in Congress.  ( 22 min )
    Rivian seeks to shed 350,000 square feet of industrial space in Hayward
    Electric vehicle manufacturer Rivian is making a big move in Hayward, though it's not good news.  ( 14 min )
    Top CD Rates Today, June 7, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’
    Billionaire investors are worried. Stanley Druckenmiller sees a "hard landing" on the way and bond king Jeffrey Gundlach is warning that economic indicators are now "full-on recessionary."  ( 8 min )
    Seeking at Least 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering dividends of at least 10% yield – that’s almost 6x higher the averag  ( 10 min )
    West Coast dockworkers making $200K demand higher pay
    Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow. The post West Coast dockworkers making $200K demand higher pay appeared first on FreightWaves.  ( 8 min )
    Amazon plans ad-supported streaming tier amid race for profitability: Report
    Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.  ( 8 min )
    Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’
    (Bloomberg) -- Billionaire Ray Dalio, founder of Bridgewater Associates, said the US is seeing stubbornly high inflation along with elevated real interest rates. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023George Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensivePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfTech Stocks Sputter as Traders Up Rate  ( 6 min )
    Stock market winners in 2023 are last year's losers
    Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.  ( 8 min )
    This Type of Portfolio Could Help You Retire With 20% More Money Than Index Funds
    If you're saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research … Continue reading → The post This Type of Portfolio Could Help You Retire With 20% More Money Than Index Funds appeared first on SmartAsset Blog.  ( 9 min )
    What's Going On With AMD Stock Wednesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) stock is trading lower Wednesday on some profit-taking. The chipmaker continues to hog the limelight with positive vibes from the Bank of America 2023 Global Technology Conference management and analyst re-ratings. AMD disclosed its impressive and improving cloud footprint at the BoA event. Enterprise though currently weak, exuded promise in the foothold and progress. The chipmaker disclosed plans to reveal their AI strategy in an event next week, someth  ( 7 min )
    'They Will Be Ouching': Saudi Energy Minister Warned That Oil Short Sellers Would Feel Pain — Now The Nation Has Made A Production Cut Of 1 Million Barrels Per Day
    Oil prices have come down quite a bit from their 2022 peak. While that has prompted some traders to bet against the commodity, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has issued a stern warning for the short sellers. “I keep advising them that they will be ouching — they did ouch in April,” he said at the Qatar Economic Forum in May. And now OPEC+, which includes the Organization of the Petroleum Exporting Countries and its allies, has reached a deal to extend output cuts into  ( 9 min )
    Binance CEO's trading firm received $11 billion via client deposit company, SEC says
    Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion of client assets through a Seychelles-based firm set up to take customer deposits, a U.S. Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a U.S. court to freeze Binance's U.S. assets, came a day after the SEC sued Binance, its billionaire CEO Zhao, and the operator of its U.S. affiliate exchange, for allegedly operating a "web of deception."  ( 7 min )
    Critical vote count due in Nikola’s bid to stay in business
    The outcome of Nikola’s bid to double the number of authorized shares in the company could determine its ability to survive. The post Critical vote count due in Nikola’s bid to stay in business appeared first on FreightWaves.  ( 8 min )
    Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
    With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were turned away.  ( 8 min )
    Dude, Gen X is totally unprepared for retirement, survey finds
    Just over half of Generation X born between 1965 and 1980 have little to nothing socked away for retirement.  ( 10 min )
    'That One Deal Made Me A Millionaire': Former Airline Pilot Ryan Tseko Reveals His Investing Strategy That Anyone Can Follow
    For years, the wealthiest investors and institutions have enjoyed exclusive access to lucrative investment opportunities, leaving retail investors with limited choices. Hedge funds like William Harnisch's Peconic Partners and Michael Burry’s Scion Asset Management produced total returns of 191.5% and 159.79%, respectively, over the past three years. The minimum investment required to participate in funds like these often ranges from $500,000 to $1 million. Retail investors, on the other hand, ha  ( 7 min )
    Apple needs to buy Disney to make Vision Pro a success: Analyst
    Apple should buy Disney as it looks to capture greater adoption of its Vision Pro headset, one media analyst says.  ( 9 min )
    Deep Value Stocks Are Super Cheap. Why a Recession Isn’t a Worry.
    The conventional wisdom that value stocks are more vulnerable to an economic downturn is false, according to a new white paper from GMO.  ( 25 min )
    Analyst Report: Viatris Inc
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    Analyst Report: DTE Energy Co.
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    Market Update: DTE, MAR, VTRS
    No content preview
    Stocks mixed while Nasdaq sinks amid new economic warnings: Stock market news today
    US stocks wavered Wednesday after an unexpected interest rate hike from Canada, a surprise drop in Chinese exports and economic headwinds flagged by the Paris-based Organization for Economic Cooperation and Development stoked fresh concerns about global growth.  ( 8 min )
    Stocks wobble amid new economic warnings: Stock market news today
    US stocks wavered Wednesday during midday trading after Canada unexpectedly hiked interest rates, combined with a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    One winner in the SEC's clash with crypto: bitcoin
    The belief that the SEC will not label bitcoin as a security is encouraging investors to stick with the world’s largest cryptocurrency despite the new industry turmoil.  ( 8 min )
    The Latest on EV Tax Credits: Tesla and Rivian, Yes. Fisker, No. Check the IRS Website.
    The government's qualifications are confusing. The best way to sort things out is to check the website fueleconomy.gov.  ( 22 min )
    Visa, Mastercard Stocks Fall After Report of Planned Fee Legislation
    Shares of Visa and Mastercard fell Wednesday after the Journal reported that lawmakers plan to re-up proposed legislation that would give merchants the power to process many credi  ( 19 min )
    Boeing accused in lawsuit of stealing trade secrets for NASA rocket
    Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA's Space Launch System rocket, and then building components with "critical" safety flaws that could endanger astronauts. Wilson Aerospace said it worked with Boeing for two years starting in 2014 after Boeing, fearing the loss of billions of dollars of NASA revenue, sought its help in safely attaching engines to the rocket. According to a complaint filed in Seattle federal court, Boeing then canceled Wilson's work on the project yet kept using its intellectual property without receiving "full instructions" on how to build and install it, creating safety risks.  ( 7 min )
    Affirm stock soars on new deal with Amazon Pay
    Wednesday's announcement with Amazon brought welcome reprieve to Affirm shares which have been beaten down heavily as investors question how many companies will be winners in the buy-now-pay-later space as Apple gets involved.  ( 8 min )
    GameStop Earnings Are Today. The Stock Is Gaining Into the Report.
    The retailer is expected to benefit from a wave of major blockbuster videogame releases, which started with Hogwarts Legacy in early February and continued with Star Wars Jedi: Survivor in late April.  ( 25 min )
    Yext Heads for Best Day Ever. A Sleeping AI Stock Is Waking Up.
    The software company beat first-quarter expectations and raised its full-year outlook, as it talked up its generative artificial intelligence prospects.  ( 22 min )
    The future of American crypto looks bleak as Gary Gensler declares war—and it could mean the end of Coinbase in the U.S.
    The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.  ( 12 min )
    Cathie Wood Grabs $21 Million Of Coinbase Stock After SEC Complaint
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    This Schwab Stock Cash-Secured Put Could Return 29% At An Annualized Rate
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    Apple’s Coming iPhone 15 Puts Company in a ‘Massive Position of Strength’
    Wedbush analyst Dan Ives raises his 12-month price target on the stock to $220 from $205.  ( 22 min )
    Campbell Soup Beats Earnings Estimates. Why the Stock Is Tumbling Anyway.
    Campbell Soup issues earnings guidance for its fiscal year below Wall Street estimates.  ( 22 min )
    Stocks edge higher after China exports slump: Stock market news today
    US stocks opened upward on Wednesday, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    ‘These Are the Best You Would Get,’ Goldman Sachs Says About 2 ‘Strong Buy’ Stocks
    A Wall Street analyst’s job requires in-depth knowledge of their subject, but in essence, the objective is simple – to find out which stocks investors should load up on or stay away from. As Goldman Sachs’ Director of Americas Equity Research Steven Kron recently put it, a sector analyst can “identify top ideas that offer a combination of conviction, a differentiated view and high risk-adjusted returns.” Kron reckons this is especially true in the current market environment. He adds, “After a co  ( 10 min )
    What Are the Age Limits For IRA Contributions?
    When it comes to retirement savings, your age can have a major effect on things. Depending on which type of retirement account you have, your age may define both when you can access your funds and how much money you can … Continue reading → The post Age Limits for IRA Contributions appeared first on SmartAsset Blog.  ( 9 min )
    How Long Will $4 Million Last Me in Retirement?
    Budgeting for retirement can be more challenging than budgeting for life with a job. You start with a number you think will do the trick and hope that unforeseen circumstances don't drain your savings too early. Similarly, you might not … Continue reading → The post How Long Will $4 Million Last in Retirement? appeared first on SmartAsset Blog.  ( 10 min )
    I Got a Private Letter Ruling (PLR) From the IRS. What Does It Mean?
    Private letter rulings, commonly known as "guidances," are the bane of tax attorneys everywhere. They are very specific, vast in number and essential to understanding how tax law works. In brief, it's a written answer issued by the IRS to a … Continue reading → The post Understanding a Private Letter Ruling (PLR) appeared first on SmartAsset Blog.  ( 10 min )
    These Trusts Can Help You Avoid Estate Taxes
    Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue. One tool that households can use to try to minimize their estate tax liability is the … Continue reading → The post How to Avoid Estate Taxes With Trusts appeared first on SmartAsset Blog.  ( 9 min )
    Supermicro Stock Seen Rising 34% More Amid AI Spending Spree
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    These Stocks Are Moving the Most Today: Coinbase, United Natural Foods, Yext, Netflix, and More
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    Dow Jones Futures Rise With Tesla Set To Hit New 2023 High. Netflix Jumps On Price Target Hikes.
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    Daily – Vickers Top Insider Picks for 06/07/2023
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    Goldman: S&P 500 is undervalued because of the AI boom
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    Fisker U.S. Sales Are About to Begin. That Means Cash From Government Programs.
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    Stock futures trade broadly flat after China exports slump: Stock market news today
    US stock futures were broadly flat on Wednesday morning, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    Netflix Stock Can Jump 18% on Password Sharing Crackdown, J.P. Morgan Says
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    Daily Spotlight: Farewell to the Bear?
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    Wall Street’s Once-Hot Trades of 2023 Are Unraveling in Markets
    (Bloomberg) -- The once-hot Wall Street trades of 2023 are all falling apart, in a fresh blow to market pros blindsided again and again ever since the pandemic broke out.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownNearly  ( 10 min )
    These Stocks Are Moving the Most Today: Coinbase, Yext, Netflix, Stitch Fix, GameStop, and More
    Coinbase shares rise modestly following a slump in the previous session after the SEC sued the cryptocurrency broker, Yext raises its fiscal-year revenue and profit guidance, and GameStop and Campbell Soup are scheduled to post quarterly earnings.  ( 22 min )
    China steps up support for Putin as Western sanctions bite - latest updates
    China’s total trade with Russia has soared to levels not seen since the beginning of Vladimir Putin’s war in Ukraine, official data showed, as Beijing steps up support for its sanctions-hit ally.  ( 24 min )
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    China Big Four State Banks Said to Cut Dollar Deposit Rates
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    China Stocks Too Cheap to Ignore for JPMorgan Asset, Invesco
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    Ivan Menezes, Longtime CEO of Guinness Maker Diageo, Dies at 63
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    Exclusive-Vodafone and Hutchison to announce UK merger as soon as Friday - sources
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    Lira Plunges 7% to Record as State Lenders Retreat From Defense
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    How to Play a Vulnerable Nvidia Stock
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    China Posts Robust Commodities Imports Despite Stuttering Growth
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    What Amazon Wireless Would Mean for AT&T and Verizon Dividends
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    Treasury’s $1 Trillion Debt Deluge Threatens Market Calm
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    Cathie Wood Boosts Coinbase Stake as SEC Crypto Crackdown Widens
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    The US is in a 'cardboard box recession' that's pointing to a sharp fall in inflation by the end of the year
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    AI bullishness may be setting the stock market up for a 'Mother of All Melt-ups,' Yardeni Research says
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    Insiders Pour Millions Into These 2 Stocks, Morgan Stanley Says They Have up to 140% Upside — Here’s Why You Should Pay Attention
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  • Open

    Wealthfront Launches Automated Bond Portfolio
    Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.  ( 1 min )
    Campbell Soup Shares Slump as Shoppers Pull Back After Price Hikes
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    Cathie Wood's ARK Buys $20 Million in Coinbase Shares After SEC Troubles
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    Dave & Buster's Reports All-Time Highs for Profit and Sales
    Dave & Buster's shares soared in early trading on Wednesday after reporting earnings and revenue records, with deals to add franchises in India and Australia.  ( 1 min )
    Stitch Fix Beats Estimates and Plans More Cost-Cutting Moves
    Stitch Fix beat estimates after implementing "tight cost controls," with more cost-cutting plans.  ( 1 min )
  • Open

    Liquidity of Bitcoin
    Liquid markets are easy to exit, while illiquid markets can put traders in tough spots. Here are the main factors affecting the liquidity of Bitcoin.  ( 21 min )
    How To File a Pet Insurance Claim
    Here are step-by-step instructions for filing a reimbursement claim for insurance on your pet.  ( 22 min )
    Wealthfront Launches Automated Bond Portfolio
    Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.  ( 17 min )
    What Are the Trends in Home Equity Rates?
    Home equity loans are a great tool for homeowners looking for cash. But how are rates changing in a volatile economy?  ( 22 min )
    Best Robo-Advisors of 2023
    We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 42 min )
    The Factors of a "Good" Location
    “Location, location, location” is a common mantra in real estate. It’s good advice, but here's what it really means (because few people know).  ( 26 min )
    What Is a Head and Shoulders Chart Pattern in Technical Analysis?
    A head and shoulders pattern is an indicator that appears on a chart as a set of three peaks or troughs, with the center peak or trough representing the head.  ( 26 min )
    Top 9 Penalty-Free Early IRA Withdrawal Exceptions
    If you need to take distributions from your individual retirement account (IRA), learn what exceptions the IRS has to its 10% early withdrawal penalty fee.  ( 26 min )
    The Marriott School of Business Definition
    The Marriott School of Business is the business school of the Brigham Young University.  ( 20 min )
    Cost Basis Basics: What It Is, How to Calculate, and Examples
    Cost basis is the original value of an asset for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.  ( 24 min )
    Natural Monopoly: Definition, How It Works, Types, and Examples
    A natural monopoly is a monopoly that arises or would rise through natural conditions in a free market.  ( 24 min )
    CEOs Lower Economic Outlook on Worries About Inflation, Interest Rate Hikes
    A gauge of CEOs' short-term view of the economy fell amid concerns about inflation and rising interest rates.  ( 17 min )
    Campbell Soup Shares Slump as Shoppers Pull Back After Price Hikes
    Campbell Soup shares sank after its full-year profit outlook was short of estimates and volumes declined as the company raised prices.  ( 16 min )
    Dow Jones Today: CAT Lifts Up Index Up
    Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 16 min )
    Markets Close Mixed in Anticipation of Fed Rate Moves
    Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 16 min )
    Low-Income Housing Options for People with Disabilities
    Affordable housing can be an especially difficult challenge for low-income people with a disability.  ( 25 min )
    What Is Total Quality Management (TQM), and Why Is It Important?
    Total quality management (TQM) aims to hold all parties involved in the production process as accountable for the overall quality of the final product or service.  ( 27 min )
    Top CD Rates Today, June 7, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Porter Diamond Model: What It Is and How It Works
    The Porter Diamond Model is a model to explain the competitive advantage that nations or groups can develop based on certain factors.  ( 20 min )
    E*TRADE vs. Fidelity: Which Should You Choose?
    Both E*Trade and Fidelity have best-in-class features, educational resources, and trading tools, but if cost is your concern, then Fidelity is your best choice.  ( 24 min )
    What Is Tragedy of the Commons in Economics?
    The tragedy of the commons is an economic problem where the individual consumes a resource at the expense of society.  ( 25 min )
    Fed-Watchers Expect Rate Hike Pause Next Week
    We may not see a rate hike when the Federal Reserve has their next meeting, but it may just be a momentary reprieve.  ( 16 min )
    Systematic Investment Plan (SIP): Definition and Example
    A systematic investment plan involves putting a consistent sum of money into an investment on a regular basis to take advantage of dollar-cost averaging.  ( 21 min )
    Navy Federal CD Rates: June 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 21 min )
    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )
    Supply Chains Have Healed From Pandemic Disruptions
    Shoppers in April faced fewer shipping delays, found fewer things out of stock, and had an easier time finding the things they need than the same month last year.  ( 16 min )
    Wells Fargo Savings Account Interest Rates: June 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 20 min )
    Discover Savings Account Interest Rates: June 2023
    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 18 min )
    BMO Harris CD Rates: June 2023
    BMO Harris offers a relatively basic CD with special rates for certain terms. Learn about BMO Harris’ current CD rates and features to make an informed decision and grow your savings.  ( 18 min )
    What Is the Secondary Market? How It Works and Pricing
    A secondary market is a market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.  ( 24 min )
    How the Texas Power Grid Works and Why It Failed
    In the winter of 2021, Texas had days-long electricity blackouts due to power grid problems. What happened and how can they fix it going forward?  ( 21 min )
    Top Utilities Stocks for June 2023
    Enel Chile, Capital Power, and Cadiz lead for value, growth, and momentum, respectively.  ( 20 min )
    Find Your Niche Financial Advisory Market
    Improve your financial advisory business by building a client base of people who share similar priorities, values, and long-term goals.  ( 22 min )
    Cryptocurrency Futures Defined and How They Work on Exchanges
    Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )
    How To Get a Mortgage When Self-Employed
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    10 Biggest Mining Companies
    With Glencore PLC leading the pack, these are the 10 biggest mining companies by 12-month trailing revenue.  ( 21 min )
    Top Tech Stocks for June 2023
    Daqo New Energy, Canadian Solar, and Tingo Group top the list of tech stocks based on best value, fastest growth, and most momentum, respectively.  ( 22 min )
    Today's Mortgage Rates & Trends - June 7, 2023: Rates Flat
    Rates on 30-year mortgages are holding steady, after climbing an eighth of a point over the previous two days. But the 15-year and jumbo 30-year rate averages rose.  ( 19 min )
    Mortgage Applications Fell For a Fourth Week
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    US Equities Mixed at Midday as Energy Stocks Gain
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    SEC Files Emergency Action to Freeze Binance.US Assets
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    51% Attack: Definition, Who Is At Risk, Example, and Cost
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    Securitization: Definition, Pros & Cons, Example
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    Stitch Fix Beats Estimates and Plans More Cost-Cutting Moves
    Stitch Fix beat estimates after implementing "tight cost controls," with more cost-cutting plans.  ( 16 min )
    Dave & Buster's Reports All-Time Highs for Profit and Sales
    Dave & Buster's shares soared in early trading on Wednesday after reporting earnings and revenue records, with deals to add franchises in India and Australia.  ( 16 min )
    What Is a Pro Forma Invoice? Required Information and Example
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    Retirement Money Market Account: Overview, Benefits, and Examples
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    What Is a Chartered Accountant (CA) and What Do They Do?
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    Cathie Wood's ARK Buys $20 Million in Coinbase Shares After SEC Troubles
    Cathie Wood's Ark Invest increased its stake in Coinbase despite an SEC lawsuit against the crypto firm.  ( 16 min )
    Disbursement: What It Is, How It Works, Types, and Examples
    Disbursement is the act of paying out or disbursing money, which can include money paid out for a loan, to run a business, or as dividend payments.  ( 23 min )
    10 Biggest Biotechnology Companies
    With Novo Nordisk at the top of the list, these are the 10 biggest biotechnology companies by 12-month trailing revenue.  ( 20 min )
    Dupont Analysis: The Dupont Formula Plus How To Calculate and Use It
    The DuPont analysis is a framework for analyzing fundamental performance popularized by the DuPont Corporation.  ( 30 min )
    Do CD Rates Go up When the Prime Goes Up?
    Changes in the prime rate don't directly impact rates that banks pay on certificates of deposit (CDs), but the two may both go up around the same time.  ( 23 min )
    What Credit Score Do You Need for a Personal Loan?
    Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 22 min )
    What Is a Bank Identification Number (BIN), and How Does It Work?
    A bank identification number (BIN) is the initial set of four to six numbers on a credit card that identifies the institution.  ( 23 min )
    What Is an Account History? Definition in Finance
    An account history is a record that keeps track of all activity within an account such as trades, purchases, and other transactions. Learn what's included.  ( 22 min )
    Monetary Policy vs. Fiscal Policy: What's the Difference?
    Monetary policy involves decisions by central banks on issues such as interest rates. Fiscal policy typically is established legislatively and addresses issues such as tax rates and government spending.  ( 24 min )
    Probability Distribution Explained: Types and Uses in Investing
    A probability distribution is a statistical function that describes possible values and likelihoods that a random variable can take within a given range.  ( 22 min )
    Housing Inventory Grew 21.5% Year-Over-Year in May
    While inventory improved from a year earlier, the growth rate slowed for a third straight month.  ( 16 min )
    5 Things to Know Before Markets Open
    Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 18 min )
    What Is an Arm's Length Transaction? Its Importance, With Examples
    In an arm's length transaction, the buyer and seller act independently and have no relationship to each other.  ( 23 min )
    Poll: 84% of Customers Want Government To Encourage Banks to Cut Overdraft Fees
    Most Americans think common fees charged by banks are unfair, and support government efforts to reduce or eliminate them, according to a poll.  ( 18 min )
    The Peter Principle: What It Is and How to Overcome It
    The Peter Principle theorizes that people in a firm will be promoted up to a point where they are no longer qualified, leaving a company full of incompetent employees.  ( 25 min )
    Polish Zloty: Meaning, History, Special Considerations
    The Polish zloty is the national currency of Poland, issued by Narodowy Bank Polski. Learn about the zloty’s exchange rate and history.  ( 23 min )
    How to Cut Financial Advisor Expenses
    Here’s a look at what you should pay for financial advice and investment management, what you should get for that price, and how you can pay less.  ( 25 min )
    Bracketed Sell Order Definition
    Bracketed sell order is a short sell order that is accompanied by a conditional buy order above and a buy limit order below the initial sell order.  ( 18 min )
  • Open

    Markets Close Mixed in Anticipation of Fed Rate Moves
    Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 1 min )
    Dow Jones Today: CAT Lifts Up Index Up
    Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 1 min )
    US Equities Mixed at Midday as Energy Stocks Gain
    U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.  ( 1 min )
    5 Things to Know Before Markets Open
    Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 1 min )
  • Open

    Steeds meer Nederlanders maken zich zorgen over hun geldzaken in de toekomst
    Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over zijn of haar financiële toekomst gestegen. Vooral jongeren en alleenstaande ouders maken zich zorgen.  ( 3 min )
    Voorlopig geen broodtekorten: bakkers blazen staking af na nieuw loonbod
    Vakbonden FNV en CNV hebben stakingen bij drie industriële bakkerijen afgeblazen. Daarmee worden supermarkten zoals Albert Heijn niet meer geraakt door broodtekorten. Maar plaatselijke bakkers zijn misschien wel de pineut.  ( 3 min )
    Rutte gaat ervan uit dat eind dit jaar geen gas meer wordt gewonnen in Groningen
    Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )
    Brussel onderzoekt kunstgraskartel, inval bij Nederlands bedrijf Ten Cate
    De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )
    We vergokten afgelopen jaar 6,5 miljard euro bij de Nederlandse Loterij
    De omzet van Nederlandse Loterij kwam afgelopen jaar op 6,5 miljard euro uit. Een jaar eerder was dat nog geen 3 miljard euro. De ruime verdubbeling van de inleg komt vooral doordat dit het eerste volle jaar was waarin online gokken meespeelde.  ( 3 min )
    Rutte hint erop dat gaswinning uit Groningenveld nog dit jaar helemaal stopt
    Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )
    NS gaat grote groep reizigers veel minder terugbetalen bij vertraging
    Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )
    NS-abonnees krijgen tot tientallen euro's minder terug bij vertraging
    Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )
    Brussel onderzoekt prijsafspraken kunstgras, inval bij Nederlands bedrijf Ten Cate
    De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )
    Europese Commissie doet onderzoek naar verboden prijsafspraken in kunstgras
    De Europese Commissie (EC) brengt onaangekondigde bezoeken bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden.  ( 2 min )
    DNB-baas waarschuwt dat grote loonsverhogingen de inflatie hoog houden
    Centralebankpresident Klaas Knot is bezorgd over loonsverhogingen van 10 procent of meer die de laatste tijd worden afgesproken bij cao-onderhandelingen. Daardoor kan het moeilijker worden om de inflatie tot bedaren te brengen, zo zei de DNB-president woensdag in de Tweede Kamer.  ( 3 min )
    Privacywaakhond onderzoekt of ChatGPT stiekem persoonsgegevens verzamelt
    De Autoriteit Persoonsgegevens (AP) heeft OpenAI in een brief gevraagd of AI-chatbot ChatGPT stiekem persoonsgegevens verzamelt. Ook wil de toezichthouder weten of de kunstmatige intelligentie achter de chatbot leert van wat gebruikers aan hem vragen.  ( 3 min )
    Massale staking bij sociale werkplaatsen om hoger loon af te dwingen
    Duizenden medewerkers van sociale werkbedrijven hebben woensdag actiegevoerd voor een flinke loonsverhoging. Door de inflatie hebben ze steeds meer moeite om hun rekeningen te betalen. De werkgevers willen best over de brug komen, maar vinden dat het Rijk moet bijleggen.  ( 3 min )
    Doorstart kledingmerk Scotch & Soda kostte 60 miljoen euro
    Het Amerikaanse bedrijf Bluestar Alliance heeft 60 miljoen euro betaald om het van oorsprong Amsterdamse kledingmerk Scotch & Soda een doorstart te laten maken. Dat meldt Het Financieele Dagblad (FD).  ( 3 min )
    Batman wint juridische strijd: Italiaanse designer mag logo niet gebruiken
    Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )
    Bakkers nemen geen genoegen met kruimels en gaan twee dagen staken
    Ongeveer driehonderd bakkers leggen morgen voor twee dagen het werk neer. Dat doen zij omdat er nog geen nieuwe cao is. Het gaat om personeel van Bakkerij Borgesius in Arnhem en Aalsmeer en Dutch Bakery in Eindhoven.  ( 3 min )
    Batman wint strijd tegen Italiaanse designer om handelsmerk
    Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )
    Euro wordt steeds populairder onder Zweedse bevolking
    Het idee om de euro in te voeren wordt steeds aantrekkelijker voor de Zweedse bevolking. Nu de Zweedse kroon steeds minder waard wordt door de inflatie, is de steun voor de gemeenschappelijke munt groter dan ooit.  ( 3 min )
    Door hoge energieprijzen kopen we meer apparaten met een A-label
    Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 3 min )
    Meer investeringen in verduurzaming van onze huishoudelijke apparaten
    Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 2 min )
    Spaarrente bij SNS en RegioBank ook naar 1 procent
    SNS en RegioBank verhogen de rente op spaartegoeden tot en met 100.000 euro naar 1 procent. Dat heeft de Volksbank, waar deze banken toe behoren, bekendgemaakt. Daarmee volgen ze het voorbeeld van de grote banken.  ( 2 min )
    Turkse lira zakt steeds verder weg ten opzichte van euro en dollar
    De Turkse lira heeft woensdag een nieuw dieptepunt bereikt ten opzichte van de dollar en de euro. De munt verliest sinds de definitieve uitslag van de verkiezingen steeds meer terrein vanwege zorgen over de economische koers van Turkije.  ( 3 min )
    Boeing moet levering Dreamliners uitstellen vanwege productiefout
    Boeing moet de levering van ongeveer negentig 787 Dreamliners uitstellen, omdat er bij de productie fouten zijn ontdekt. Het is een grote tegenvaller voor de Amerikaanse vliegtuigbouwer, die juist hard werkt om te voldoen aan de groeiende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )
    Koperdiefstal bij zonneparken neemt toe, met tonnen schade tot gevolg
    Zonnepaneelparken krijgen steeds vaker te maken met koperdieven, hoort de brancheorganisatie Holland Solar van haar leden. "Het begint echt een probleem te worden." De koperprijs ligt hoog, wat diefstal interessant maakt.  ( 4 min )
    We besteden meer aan diensten zoals verzekeringen en het openbaar vervoer
    Consumenten hebben in april iets meer besteed dan in dezelfde maand vorig jaar. Ze gaven vooral meer uit aan diensten, zoals verzekeringen, het openbaar vervoer en een bezoek aan een restaurant of de kapper.  ( 3 min )
    Ons internet wordt steeds duurder, maar providers maken geen cent extra winst
    De vier grootste internetproviders van Nederland hebben sinds begin dit jaar forse prijsverhogingen aangekondigd of doorgevoerd. Ondanks de flinke prijsstijgingen is er volgens experts geen sprake van graaiflatie. Sterker nog, de winst van internetaanbieders staat onder druk.  ( 4 min )
    Boeing moet levering nieuwe Dreamliners uitstellen vanwege productiefout
    Boeing moet de levering van ongeveer negentig 787 Dreamliner-vliegtuigen uitstellen omdat er bij de productie fouten zijn ontdekt. Dat heeft de Amerikaanse vliegtuigbouwer laten weten. Voor Boeing gaat het om een tegenvaller aangezien het concern juist hard werkt om te voldoen aan de stijgende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )

  • Open

    Boeing delays shipments of the 787 Dreamliner for a flaw in the tail section of the planes
    Boeing said Tuesday that deliveries of its 787 Dreamliner have been halted again by another manufacturing issue, the latest in a string of setbacks affecting the two-aisle jet. The company said it is inspecting fittings on part of the tail called the horizontal stabilizer “for a nonconforming condition.” The inspections and repairs will affect near-term deliveries but won’t alter the company’s forecast of deliveries for the full year.  ( 7 min )
    Kevin O’Leary: Binance Will Be “Starved of Oxygen” by SEC’s Lawsuit
    The “Shark Tank” star says today’s top digital asset firms are likely destined to live on only in history books.  ( 8 min )
    Is It Time To Buy Gold Stocks And ETFs After Banking Crisis? Here's What Charts Show
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    Dow Jones Masks Strong Market Breadth; This Cathie Wood Stock Soars As Another Plunges
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    US house prices may slide as their recent strength and steeper mortgage rates hit demand, Wharton professor Jeremy Siegel says
    No content preview
    Top CD Rates Today, June 6, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    The PGA Took LIV Golf’s Money. That’s Good News for 2 Stocks.
    An unusual merger is sending shares of Topgolf Callaway Brands higher.  ( 22 min )
    Boeing Delays Dreamliner Deliveries After New Defect Found
    The FAA said the plane maker notified regulators of the latest issue.  ( 27 min )
    Tesla Stock Has 25% Upside, and EVs Are Just a Part of It, Says Analyst
    Piper Sandler says there's opportunity in solar and heat pumps, too.  ( 22 min )
    Apple and Other Tech Stocks’ Rally Could Falter. What to Buy Instead.
    If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )
    Traders raise bets on stocks falling as S&P 500 nears new bull market
    The S&P 500's surge to start 2023 has investors increasingly wary on what might happen next for markets.  ( 8 min )
    Charles Schwab Cash Sorting Woes May Linger Into 2024
    History suggests Schwab’s cash sorting woes should abate, but this time could be different, caution Bank of America analysts. Here’s why.  ( 22 min )
    US Cash Pile Leaps by Most Since Tax Day After Debt-Limit Suspension
    (Bloomberg) -- The amount of money the US government had to pay its bills jumped on Monday to the highest level in two weeks as the Treasury rebuilds its cash pile in the wake of the Washington’s debt-ceiling suspension. Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhasePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownApple Headset Looks Sleek in Person But Battery Pack Stands OutBrothers Fi  ( 6 min )
    Harvard’s Rogoff Sees 10-Year Yield North of 4% in Coming Years
    (Bloomberg) -- Former International Monetary Fund chief economist Kenneth Rogoff sees interest rates heading higher in coming years, with the yield on the 10-year Treasury note averaging above 4% for the rest of the decade.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailSEC’s Coinbase Lawsuit Heralds Deepening US Crypto Crac  ( 7 min )
    Apple buys AR headset startup Mira: report
    Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported, citing a post from Mira CEO's private Instagram account on Monday and a person familiar with the matter.  ( 6 min )
    New 787 Dreamliner issue could slow delivery of 90 jets in Boeing's inventory
    Boeing said on Tuesday it is slowing deliveries of its 787 Dreamliner after the company discovered a new production flaw, but expressed optimism that it can still deliver 70-80 of the widebody jets this year as planned. The problem, which does not pose a flight safety concern, involves a fitting for the 787's horizontal stabilizer made by a Boeing production facility in Salt Lake City, Utah, the company said. Boeing will need to inspect all 90 Dreamliners in its inventory before they can be delivered, and it expects it will take two weeks to fix each aircraft, the company added.  ( 7 min )
    Apple’s new headset created a ‘sell-the-news’ event according to KeyBanc analyst who says short-term revenue gains will be ‘immaterial’
    Wall Street’s impression of Vision Pro was lackluster.  ( 8 min )
    Housing: It's cheaper to buy than rent in only 4 major US cities, study shows
    These were also the only places where more than 50% of homes in each respective market were more affordable to purchase than rent.  ( 9 min )
    The VIX Is Flirting With Its Early 2020 Low. What It Means.
    The CBOE Volatility Index, or VIX, which measures the expected volatility of the U.S. stock market, is on pace to close at the lowest level in more than three years. The index was at 14.26, down 3.2% on Tuesday, nearing its February 2020 low. The move points to a lack of major concerns in the stoc  ( 22 min )
    Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62?
    How much am I able to earn from an employer if I opt to take my Social Security at age 62 next year? – Glenn To be very clear, you can earn as much money as you want while collecting … Continue reading → The post Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62? appeared first on SmartAsset Blog.  ( 8 min )
    Coinbase sued by SEC, stock tumbles nearly 15%
    Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )
    Analyst Report: Leidos Holdings Inc
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    Analyst Report: BJ`s Wholesale Club Hldgs In
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    AT&T ‘Has Led the Way Down’ for Telecoms. Why the Stock Still Grabbed an Upgrade.
    The wireless carrier snags an upgrade, but analysts still see plenty of reasons to be cautious.  ( 22 min )
    Nikola Stock Is Dropping Again. The SPAC Boom Is Fully a Bust.
    Shares of battery and hydrogen fuel-cell trucking firm Nikola hit a new 52-week intraday low on Tuesday. They have dropped more than 99% from their record high of almost $94.  ( 22 min )
    3 REITs With Upgrades To Start The Week
    There’s an old saying on Wall Street to “sell in May and go away.” While that may be true for some stocks, it won’t necessarily hold true for some real estate investment trusts (REITs) that began the first full week in June on a high with analyst upgrades. Take a look at three REITs that could benefit from some positive analyst words this week: DigitalBridge Group Inc. (NYSE: DBRG) is a Boca Raton, Florida-based diversified REIT that owns and operates data centers as well as cell towers, digital  ( 9 min )
    Market Update: AAPL, BJ, ETR, LDOS
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    Shopify Stock Offers New Entry Amid Expected 715% Profit Growth
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    Tesla Stock Is Booming As Questions Swirl Around How Model 3 Is Now Tax Credit Eligible
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    A major insurance company let employees work remotely but the new CEO reversed the policy. Employees say it’s a ‘power move that is frankly disgusting’
    Move spurs calls to unionize.  ( 6 min )
    Bud Light sales keep slipping in another 'very weak' week
    Bud Light sales see slight improvement as declines begin to get smaller. (Though still substantial) Molson Coors, meanwhile, continues to gain share.  ( 9 min )
    Tesla Stock Has 25% Upside, and EVs Are Just a Part of It, Says Analyst
    Piper Sandler analyst Alexander Potter has a $280 price target on Tesla stock, and the electric-vehicle business only accounts for $135 of it. There's opportunity in solar and heat pumps.  ( 22 min )
    Apple and Other Tech Stocks’ Rally Could Falter. Here’s What to Buy Instead.
    If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )
    Billionaire Paul Singer Is Heavily Invested in These 2 ‘Strong Buy’ Stocks Despite Recession Fears
    Investors hoping to get a good readout on where the markets might be heading – switch off now, as Billionaire Paul Singer has some bad news for you. The founder of Elliott Management – a firm with around $56 billion in assets under management – says the US economy is staring at an “extraordinarily dangerous and confusing period.” On top of the challenging macro environment, Singer cites high valuations, the prospects of paltry returns in real estate and financial assets and the “significant chan  ( 10 min )
    'Talk of $100 oil is pie in the sky,' says strategist
    Oil is back down again on Tuesday, despite Saudi Arabia's recent production cut announcement. The problem is demand, say strategists.  ( 7 min )
    Novocure Stock Gets Relative Strength Rating Upgrade, Then Drops 30%
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    Ciena Stock Drops Amid Sales Slowdown In Key Market
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    Fintech Tingo's shares slump as Hindenburg takes short position
    The short-seller alleged that the company fabricated its financials and criticized founder Dozy Mmobuosi's claims of having developed "the first mobile payment app in Nigeria". Tingo did not immediately respond to a Reuters request for comment. The New Jersey-based holding company operates in Africa, Southeast Asia and the Middle East, and its units have ventured into agri-fintech, food processing and insurance brokerage.  ( 6 min )
    Cracker Barrel Hit by Dining Decline. The Stock Falls as It Misses on Earnings.
    The restaurant chain missed analysts' expectations for its third quarter. Guidance for the next three months also disappointed the Street.  ( 22 min )
    Bitcoin Crashes as SEC Sues Coinbase and Binance. Where Prices Could Stop Falling.
    U.S. regulators have taken aim at the heart of the crypto sector with charges against two of the most influential digital asset exchanges this week.  ( 22 min )
    Stocks drift lower, oil loses more ground: Stock market news today
    US stocks opened lower on Tuesday, with the S&P 500 (^GSPC) slipping 0.18%, the Nasdaq Composite (^IXIC) dipping 0.35% and the Dow Jones Industrial Average (^DJI) falling 0.12%.  ( 8 min )
    Coinbase sued by SEC, stock tumbles nearly 20%
    Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )
    Academy Sports + Outdoors Misses Earnings, Sales in Q1, Charges Ahead on Expansion Plan
    The retailer is still bullish on its robust store expansion plan, despite a slow start to the year.  ( 8 min )
    Harvard’s future of work professor sees one job in particular disappearing because of A.I.
    The future looks “a lot less dull and a lot less routine” and will rely plenty on human brain power, Joseph Fuller tells Fortune.  ( 7 min )
    Who Has to Pay an Inheritance Tax?
    There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that they've left you something in … Continue reading → The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.  ( 8 min )
    How Much Is a Decent Retirement Home Going to Cost Me?
    A retirement home is a private facility that offers seniors care and support. These facilities typically have amenities and services that cater to the needs of seniors, including meal preparation, housekeeping, medical care and social activities. Here's a breakdown of … Continue reading → The post Retirement Home: Cost and Service Guide appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 65 with $2.5 Million?
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    Coinbase Faces Hit of 30% or More from SEC Charges, Analysts Say
    The SEC on Tuesday charged the crypto broker with securities violations spanning years, taking aim at core elements of its business.  ( 22 min )
    Mobileye Stock Falls. Intel Found a Way to Cash in on AI.
    Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )
    SEC Sues Coinbase, Alleges It Is Unregistered Broker-Dealer
    The regulator said the U.S.’s largest crypto platform violated rules that require it to register as an exchange.  ( 28 min )
    Apple Stock Just Got a Downgrade. Why the Vision Pro Goggles Don’t Excite This Analyst.
    The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )
    Coinbase Stock Drops After SEC Sues Crypto Exchange
    Shares of Coinbase fell 15% in premarket trading Tuesday after the Securities and Exchange Commission sued the crypto company for allegedly violating securities law. The SEC charged Coinbase for operating as an unregistered securities exchange, broker and clearing agency. The move comes a day after  ( 20 min )
    Merck sues US government to halt Medicare drug price negotiation
    Merck & Co said it sued the U.S. government on Tuesday, seeking an injunction of the drug price negotiation program contained in the Inflation Reduction Act (IRA), which it argues violates the Fifth and First Amendments to the U.S. Constitution. The lawsuit, expected to be filed in the U.S. District Court for the District of Columbia, argues that under the law, drugmakers would be forced to negotiate prices for drugs in the government's Medicare health insurance program at below market rates. Merck asserts this violates the part of the Fifth Amendment that requires the government to pay just compensation for private property taken for public use.  ( 7 min )
    The Stock Market Is Trying to Break Out. Morgan Stanley Expects a Big Drop.
    The investment bank forecast a decline of 10% or more for the S&P 500, citing high valuations and risks to corporate earnings.  ( 22 min )
    These Stocks Are Moving the Most Today: GitLab, Sprinklr, Unity Software, AT&T, Apple, and More.
    Shares in GitLab surged in premarket trading after the software company beat earnings expectations in its fiscal first quarter, provided upbeat guidance, and said customers were looking to its AI-powered platform  ( 23 min )
    We're in the midst of a market 'melt-up': Morning Brief
    The stock market just won't go down — even when headlines don't look good. Some analysts are calling this a "melt up" and it signals a broadening of a stock rally.  ( 7 min )
    Seeking Bullish Stock Charts? Cup Without Handle Amazingly Easy To Spot
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    4 Stocks From Our Popular Screen Are Near Buy Points
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    It's Time To Sell 3 Of The S&P 500's 10 Best Stocks, Says Morningstar
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    Stock futures drift lower, oil loses more ground: Stock market news today
    Stock futures traded slightly lower on Tuesday, while wheat soared after a Ukraine dam blast.  ( 8 min )
    GitLab Stock Is Surging. It’s Another AI Play.
    The company reported fiscal first-quarter earnings late Monday, playing up its artificial intelligence credentials, and investors clearly liked what they heard.  ( 22 min )
    Analyst Report: Oshkosh Corp
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    Analyst Report: Restaurant Brands Intl In
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    Analyst Report: Merck & Co Inc
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    Daily Spotlight: Argus's Favored Classes, Segments
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: KSS, MRK, OSK, QSR
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    Oil Price Rally Fizzles After Saudi Production Cuts Fail to Impress
    Saudi Arabia's plan to boost oil prices isn't working. Oil prices slid Tuesday, erasing gains that followed a Saudi plan to slash output, as fears about weak global demand out  ( 20 min )
    Dow Jones Futures Fall: Market Rally Retreats On Apple; 5 Stocks In Buy Areas
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    Mobileye Stock Falls on Stake Sale. Intel Finds a Way to Cash in on the AI Rally.
    Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )
    Bitcoin Risks 15% Fall Amid Binance Panic. How SEC Charges Can Actually Help Crypto.
    Intervention by regulators into cryptocurrencies has historically benefited the industry, and this time could be the same, says one chief investment officer.  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 06/06/2023
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    Daily – Vickers Top Insider Picks for 06/06/2023
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    4 Fortune 500 companies are led by openly LGBTQ CEOs. Here’s what they’ve said about their experience in corporate America
    In the nearly nine years since Apple CEO Tim Cook publicly came out as gay, three more openly LGBTQ CEOs helm Fortune 500 companies.  ( 9 min )
    Investors race to withdraw deposits from Binance amid 'web of deception' claims - latest updates
    The price of Bitcoin plunged after the world’s largest cryptocurrency exchange and its founder were accused of a “web of deception” by US regulators.  ( 8 min )
    These Stocks Are Moving the Most Today: Gitlab, Unity Software, Apple, Sprinklr, and More.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    Apple Just Got a Downgrade. Another Analyst Sees Headset Reveal as a ‘Sell the News’ Moment. Here’s Why.
    The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )
    European shares flat on rate-hike jitters; Novo Nordisk jumps
    European shares were range-bound on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic growth countered support from healthcare giant Novo Nordisk. The pan-European STOXX 600 index inched 0.1% higher to 460.42 points. Danish drug developer Novo Nordisk rose 3.5%, as trading resumed following a holiday in Copenhagen on Monday.  ( 7 min )
    TSMC Says Capex to Be Near Low End of Target at $32 Billion
    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc. grapples with soft demand for smartphone and computing chips.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock  ( 8 min )
    The Fed’s man-made housing market recession hit so hard that 4 real estate titans just lost their Fortune 500 status
    Rocket Companies and Zillow just fell out of the Fortune 500. Here's why.  ( 9 min )
    Oil Falls as Optimism Over Saudi-Led Production Cut Fades Fast
    (Bloomberg) -- Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for extra supply cuts.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyWest Texas Intermediate  ( 7 min )
    A New CEO Says Employees Can’t Work Remotely After All, and They Revolt
    After Farmers Group told staff last year they would be remote, some sold cars or moved cities. Now, the insurer’s new leader says, they must come to the office.  ( 26 min )
    The stock market's fear gauge just hit its lowest level in 3 years as a new bull market kicks off
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    Market Rally Retreats On Apple Reveal, But Not Much; 5 Stocks In Buy Areas
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    A billionaire investor who predicted the '08 crisis and the post-COVID inflation spike sees 'significant' recession risk and a prolonged period of low asset returns
    The US economy is in an "extraordinarily dangerous and confusing" time, which will result in "a lengthy period of low returns," Paul Singer said.  ( 6 min )
    Bitcoin, Ether skid; BNB drops more than 10% after U.S. securities regulator sues Binance
    All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.  ( 7 min )
    Over 100% Upside: Analysts See an Appealing Entry Point in These 2 Small-Cap Stocks
    If there’s one way to describe the markets recently, that would be top-heavy. The mega-caps, the largest US companies, have been outperforming the broader indexes, and by their very size they are pulling the rest of the markets along. To give an idea of the scale, the three largest S&P-listed companies are Apple, Microsoft, and Alphabet; together, they have a combined market cap over $6.9 trillion and make up a big chunk of the S&P 500’s total value. That $6.9 trillion is a higher market cap tha  ( 10 min )
  • Open

    R-Squared vs. Adjusted R-Squared: What's the Difference?
    Learn the difference between R-squared and adjusted R-squared and what each measures.  ( 23 min )
    Top CD Rates Today, June 6, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    How to Qualify for an SBA Loan in 2023
    An SBA loan may be an option for your business, but getting one might seem daunting. Find out what you need to qualify for an SBA loan.  ( 23 min )
    Spinoff Definition, Plus Why and How a Company Creates One
    A spinoff is a new and independent company created through the distribution of shares in an existing division or business of a parent company to its shareholders.  ( 24 min )
    Dow Jones Today: Index Higher on Bank Bounce
    The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 17 min )
    Markets Rise Modestly as Semiconductor and Regional Bank Stocks Gain
    Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 16 min )
    Applicable Federal Rate (AFR): What It Is and How To Use It
    The applicable federal rate (AFR) is the minimum interest rate that the Internal Revenue Service (IRS) allows for private loans.  ( 20 min )
    PNC Savings Account Interest Rates: June 2023
    See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 19 min )
    Chime Savings Account Interest Rates: June 2023
    Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 20 min )
    Why the U.K. Doesn't Use the Euro
    Understand why the United Kingdom opted to not join the eurozone in adopting the euro over the pound sterling as its predominant currency, even when it was part of the E.U.  ( 23 min )
    Robinhood's Cash Account Now Pays 4.65%. Here's How It Compares.
    Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 18 min )
    Here's How Apple’s New Savings Account Compares
    Apple's new savings account offers a competitive 4.15% interest rate, but 17 high-yield savings accounts pay at least 4.50%, with some rates as high as 5.00%, earning you more.  ( 17 min )
    Where Are Savings Account Rates Headed?
    Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 20 min )
    A Quick Guide to How the FAFSA Works
    How the FAFSA helps students get federal and state financial aid, including grants, loans, and even scholarships.  ( 26 min )
    World Bank Warns About Slowing Global Economic Growth
    The World Bank said the global economy is in a "precarious position" and reduced its outlook for worldwide GDP growth in 2024.  ( 16 min )
    APR vs. APY: What’s the Difference?
    APR and APY are both used to calculate interest for investment and credit products, but differ in how they affect what you earn or must pay.  ( 26 min )
    USAA CD Rates: June 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )
    Sequoia Capital Splits into Three Units Amid US-China Tensions
    Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 16 min )
    Charles Schwab CD Rates: June 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 19 min )
    Regulator Eyes Bank Chatbots That Give Bad Info, Trap Customers in ‘Doom Loops’
    The government’s consumer watchdog is taking a look at banks’ use of customer service chatbots, finding that automated systems sometimes fail to help customers or give them inaccurate information.  ( 17 min )
    What Is a Franchise, and How Does It Work?
    A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.  ( 26 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 22 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )
    The Effect of Fed Funds Rate Hikes on Gold
    Explore the historical relationship between interest rate increases and the price of gold, and consider what effect a fed funds rate hike might have.  ( 24 min )
    Inverse Volatility ETF Definition
    An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.  ( 19 min )
    Small Corporate Offering Registration (SCOR) Definition
    A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.  ( 21 min )
    Cash on Delivery (COD): What It Is and How It Works
    Cash on delivery is a type of transaction in which payment for a good is made at the time of delivery.  ( 24 min )
    Benefits of Living in NJ While Working in NYC
    Living in New Jersey while working in NYC can have its advantages. Here's a look at some of them.  ( 21 min )
    How to Get Clients As a Financial Advisor
    Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.  ( 24 min )
    Top Small-Cap Stocks for June 2023
    Biggest movers include Prometheus, TG Therapeutics, and Akero Therapeutics, all more than quadrupling in price in the last year while the Russell 2000 Index stays nearly unchanged.  ( 21 min )
    Guide to Finance for LGBTQ+ People
    Members of the LGBTQ+ community face many unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Keep reading to learn more about these issues and how circumstances have changed over time.  ( 28 min )
    Closed-End Credit: What it is, How it Works, Considerations
    Closed-end credit is a loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid by a specified date.  ( 23 min )
    What Is Estimated Tax and Who Must Pay It?
    Estimated tax is a quarterly payment that is required of self-employed people and business owners who do not have taxes automatically withheld.  ( 20 min )
    Top Growth Stocks for June 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 21 min )
    Merck Sues To Stop Medicare Drug Negotiation
    Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 17 min )
    Markets Mixed Midday as Coinbase Shares Tumble Following SEC Charges
    Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 16 min )
    Today's Mortgage Rates & Trends - June 6, 2023: Rates Edge Higher
    Rates on 30-year mortgages climbed for a second day, after previously sinking to a two-week low. Averages were modestly up across most loan types, though 5/6 ARM rates declined.  ( 19 min )
    GitLab Shares Soar as AI Demand Booms
    GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 16 min )
    THOR Industries Beats Profit and Sales Forecasts, and Shares Rise
    THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 16 min )
    Binance Users Withdraw Almost $800 Million After SEC Lawsuit
    The Binance cryptocurrency exchange saw users fleeing after the SEC launched a lawsuit against the firm and its founder.  ( 17 min )
    Pros and Cons of CDs
    Certificate of deposit (CD) accounts may be better suited to some savers than others. Learn the pros and cons of using CDs to save.  ( 23 min )
    What Are Blue Chip Stocks, and Are They Good Investments?
    A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world.  ( 24 min )
    SEC Sues Coinbase for Operating an Unregistered Exchange, States Follow Up With Own Action
    Coinbase was sued by the SEC for allegedly operating as an unregistered exchange, its also under fire from ten state regulators and its stock has dropped almost 14% in early trading.  ( 17 min )
    Resume Definition: Meaning, Purpose, and What Should Not Be On Yours
    A resume is a document that job applicants use to summarize their work experience, educational background, and special skills.  ( 23 min )
    Carbon Disclosure Rating: What it is, How it Works, Example
    A carbon disclosure rating is a measure of the environmental sustainability of a company, based on voluntary disclosures by the company itself.  ( 18 min )
    Revolving Credit vs. Line of Credit: What's the Difference?
    Revolving credit and a line of credit offer flexibility with when you accesses credit, but they are not the same. Learn about the differences in these loans.  ( 25 min )
    Available Credit: Meaning and Examples in Credit Cards
    Available credit refers to how much a borrower has left to spend. This amount can be calculated by subtracting the borrower's purchases from the total credit limit.  ( 22 min )
    Top Energy Stocks for June 2023
    Saturn Oil & Gas, Vertex Energy, and Shawcor are top for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    America's Top CEOs and Their College Degrees
    You might expect all of America's top CEOs to have an MBA from an Ivy League school, but they hail from all kinds of academic backgrounds.  ( 25 min )
    Moral Hazard: Definition, Meaning, Examples, and How to Manage
    Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely to suffer potential consequences.  ( 23 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    Unemployment Claim Definition
    An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )
    5 Things to Know Before Markets Open
    Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 18 min )
    Unemployment Rate by State
    Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )
    What Is a Geometric Mean? How to Calculate and Example
    The geometric mean is the average of a set of products, the calculation of which is commonly used to determine the performance results of an investment or portfolio.  ( 23 min )
    Commercial Real Estate Loan
    Obtaining a commercial real estate loan is quite different from borrowing for residential real estate. Here's what to expect and how to get what you need.  ( 27 min )
    High Prices, Expensive Loans, and Tight Credit Plague 'Gridlocked' Housing Market
    The housing market is in a state of “gridlock,” according to mortgage data company Black Knight, which released a report Monday detailing obstacles facing buyers and sellers at many points in the homebuying process.  ( 18 min )
    Merchant Bank: Functions, Services, and Examples
    A merchant bank conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals.  ( 23 min )
    What Is the Unemployment Rate? Rates by State
    The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 31 min )
  • Open

    Markets Rise Modestly as Semiconductor and Regional Bank Stocks Gain
    Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 1 min )
    Dow Jones Today: Index Higher on Bank Bounce
    The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 1 min )
    Top Growth Stocks for June 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 1 min )
    Markets Mixed Midday as Coinbase Shares Tumble Following SEC Charges
    Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 1 min )
    5 Things to Know Before Markets Open
    Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 1 min )
  • Open

    Sequoia Capital Splits into Three Units Amid US-China Tensions
    Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 1 min )
    GitLab Shares Soar as AI Demand Booms
    GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 1 min )
    THOR Industries Beats Profit and Sales Forecasts, and Shares Rise
    THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 1 min )
    Merck Sues To Stop Medicare Drug Negotiation
    Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 1 min )
  • Open

    Het is mogelijk al te laat om zomerijs op de Noordpool te redden
    Zelfs als het al lukt om de uitstoot van broeikassen fors te verminderen, is de Noordpool waarschijnlijk tussen 2030 en 2050 al vrij van zomerijs. Dit betekent dat het zee-ijs in het noordpoolgebied een stuk sneller gesmolten kan zijn dan aanvankelijk werd verwacht. Dat concluderen onderzoekers dinsdag in het wetenschappelijke tijdschrift Nature Communications.  ( 4 min )
    NU+ | De basisbeurs komt terug: hier moet je als student op letten
    De Eerste Kamer heeft dinsdag unaniem gestemd voor de herinvoering van de basisbeurs. Dat betekent dat studenten vanaf september weer maandelijks geld op hun rekening gestort krijgen, dat na hun opleiding een gift wordt. Maar zorg dat je als student niet voor verrassingen komt te staan. Waar moet jij op letten?  ( 4 min )
    Shell stopt alweer met leveren van stroom en gas bij mensen thuis
    Shell trekt na iets meer dan een jaar de stekker uit Shell Energy Nederland. Ook in Duitsland en het Verenigd Koninkrijk stopt het bedrijf met het leveren van energie aan huishoudens. Dat bevestigt een woordvoerder van Shell aan NU.nl.  ( 3 min )
    Koers cryptoplatform Coinbase keldert door strafzaak in de VS
    De beurswaarde van cryptoplatform Coinbase is dinsdag met bijna 20 procent gedaald doordat de Amerikaanse toezichthouder SEC een strafzaak is gestart tegen het bedrijf. Het grootste cryptoplatform van de Verenigde Staten zou diensten aanbieden zonder de juiste vergunning.  ( 3 min )
    Maximale boete voor NS omdat vorig jaar minder treinen reden
    NS krijgt een boete van 1,5 miljoen euro omdat de spoorvervoerder vorig jaar minder treinen liet rijden. Het is het maximale bedrag dat verantwoordelijk staatssecretaris Vivianne Heijnen (Infrastructuur) kan opleggen voor het afschalen van de dienstregeling.  ( 4 min )
    Basisbeurs voor studenten komt terug met brede steun Eerste Kamer
    Na ruim vijf jaar leenstelsel keert de basisbeurs in het hoger onderwijs terug. De Eerste Kamer heeft dinsdag ingestemd met een wetsvoorstel dat daarvoor zorgt. Daardoor kunnen zo'n 435.000 studenten van hogescholen en universiteiten vanaf september weer minstens 100 euro per maand krijgen.  ( 4 min )
    Grootste cryptoplatform ter wereld onder vuur wegens 'web van leugens'
    Amerikaanse autoriteiten slepen Binance en topman Changpeng Zhao voor de rechter. Volgens beurstoezichthouder SEC hebben de ondernemer en het cryptoplatform een "web van leugens" gesponnen. Een deel van de beleggers heeft de afgelopen 24 uur hun geld weggehaald.  ( 4 min )
    Tien jaar contactloos betalen: eerst was er vrees, nu kan het zelfs bij de collecte
    Precies tien jaar geleden gaf ING de eerste bankpas uit waarmee je kon betalen zonder de pas in de automaat te steken. Winkeliers en consumenten moesten eraan wennen, maar inmiddels rekenen we ruim 400 miljoen keer per maand contactloos af. En dat kan op steeds meer plekken.  ( 4 min )
    Vakantiegeld leidt tot bestelpiek én vertraging bij PostNL
    PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )
    In- en uitchecken met betaalkaart in ov kan nu overal in Nederland
    Ov-reizigers kunnen sinds dinsdag overal in Nederland inchecken met een betaalkaart. Het Rotterdamse ov-bedrijf RET was de laatste vervoerder die OVpay nog niet had ingevoerd.  ( 5 min )
    Vakantiegeld leidt tot ongekende bestelpiek én vertraging bij PostNL
    PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )
    Duitse industrie piept en kraakt in recessie
    Duitse fabrikanten worstelen met de afkoelende wereldeconomie. In april daalde het aantal nieuwe orders weer. De moeizame staat van de industrie zorgde in de eerste maanden van dit jaar mede voor een recessie bij onze oosterburen.  ( 3 min )
    Microsoft treft miljoenenschikking na schending privacy van kinderen
    Microsoft heeft een schikking getroffen met de Amerikaanse toezichthouder FTC. Het techconcern verzamelde illegaal gegevens van kinderen onder de dertien jaar die zich aanmeldden voor gamedienst Xbox Live.  ( 3 min )
    Robots moeten het zware werk van bagagesjouwers op Schiphol overnemen
    Schiphol test een nieuwe robot die koffers kan tillen en zo het werk van het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband.  ( 3 min )
    Verfmakers Histor en Sigma leggen werk neer voor hoger loon
    Bij de Amsterdamse fabriek van PPG wordt deze week gestaakt. Het personeel van de grootste verffabriek van Nederland, waar blikken van bekende merken als Histor en Sigma worden gevuld, probeert zo een hoger loon voor elkaar te boksen.  ( 3 min )
    Robots moeten het zware werk overnemen van bagagesjouwers op Schiphol
    Schiphol test een nieuwe robot die in de bagagehal koffers kan tillen en daarmee het werk voor het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband. De luchthaven kondigt aan nog een aantal andere tilhulpen en volledig geautomatiseerde systemen te willen testen.  ( 3 min )
    Inflatie weer omhoog doordat energieprijzen minder hard dalen
    De inflatie was in de maand mei 6,1 procent, terwijl de prijzen in april nog 5,2 procent hoger waren dan een jaar eerder. Eten en drinken is nog altijd veel duurder dan een jaar eerder, terwijl de energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 4 min )
    NU+ | Terwijl de hele wereld over AI praat, komt Apple met een bril
    Het leek alsof geen groot techbedrijf nog een presentatie kon geven zonder focus op kunstmatige intelligentie. Maar Apple trekt zich niets van die trend aan en zet juist vol in op augmented reality, met een bril van 3.499 dollar: de Vision Pro.  ( 5 min )
    Inflatie weer omhoog omdat energieprijzen minder hard dalen
    De inflatie was in de maand mei 6,1 procent, terwijl prijzen in april nog met 5,2 procent stegen ten opzichte van een jaar eerder. Eten en drinken blijft veel duurder dan een jaar eerder, terwijl energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 3 min )
    In vijf jaar tijd zijn bijna alle Nederlanders al eens getroffen door een datalek
    De Autoriteit Persoonsgegevens (AP) heeft in vijf jaar tijd al meer dan 114.000 meldingen van datalekken ontvangen. Soms komen daarbij de gegevens van honderdduizenden mensen op straat te liggen. Volgens de toezichthouder is daardoor bijna iedere Nederlander al één of meerdere keren slachtoffer geworden van een datalek.  ( 6 min )

  • Open

    What Is Unemployment? Understanding Causes, Types, Measurement
    Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )
    Free Credit Score: Is It Really Free?
    Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 23 min )
    Continuing Claims Definition
    Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )
    Variable Annuity: Definition and How It Works, Vs. Fixed Annuity
    A variable annuity is a type of annuity that can rise or fall in value based on the performance of its underlying investment portfolio.  ( 25 min )
    National Foundation for Credit Counseling (NFCC)
    The National Foundation for Credit Counseling (NFCC) is a national network of non-profit credit counseling organizations. Learn how it works.  ( 21 min )
    Top CD Rates Today, June 5, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Top Marijuana Cryptocurrencies
    Marijuana-focused cryptocurrencies began in 2014 and surged in 2018 as global legalization efforts began.  ( 22 min )
    You Can Earn a Record Interest Rate on Your Savings Right Now
    Stashing cash in a high-yield bank account is an easy way to earn a lot more interest on your money, and right now, you can earn 5.25% with the top money market account.  ( 18 min )
    Office CMBS Delinquency Rates Jump by Most in Almost 5 Years
    Delinquency rates on commercial mortgage-backed securities backed by office properties jumped in May by the most since June 2018.  ( 17 min )
    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 16 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 17 min )
    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 17 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 16 min )
    When Are Stock Dividends Paid Out and How?
    A dividend is usually declared quarterly after a company finalizes its income statement and dividends are paid either by check or in additional shares of stock.  ( 25 min )
    8 Best Fund Types to Use in a Recession
    When the economy blows up, find out what funds offer some protection from major losses.  ( 21 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 16 min )
    Pre-Market and After-Hours Trading
    The NYSE and the Nasdaq have pre-market and after-hours trading. Several factors are worth considering if you want to trade at these times.  ( 24 min )
    Cryptocurrencies To Watch: Week of June 5
    This week’s cryptocurrencies to keep an eye on are XRP (XRP), The Sandbox (SAND), XDC Network (XDC), and Lido (LDO).  ( 20 min )
    Defensive Acquisition
    A defensive acquisition is a strategy that consists of a company buying another company as a "defense" against market downturns or possible takeovers.  ( 21 min )
    SEC Sues Binance and Founder Changpeng Zhao
    The SEC has sued Binance, BAM Trading Services, and founder Changpeng Zhao for violating U.S securities laws, including the operation of an unregistered exchange.  ( 19 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )
    Cryptocurrency Exchanges: What They Are and How To Choose
    With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your needs.  ( 23 min )
    Importance and Components of the Financial Services Sector
    The financial services sector consists of a diverse group of companies that goes beyond banks and credit unions.  ( 26 min )
    Stock Warrants vs. Stock Options
    Stock options and stock warrant have similar functions. However, companies use these two financial instruments for different purposes.  ( 22 min )
    LGBTQ+ Representation in the Workforce
    Especially at senior levels, LGBTQ+ representation in the workplace is low.  ( 29 min )
    Service Sector Downshift Raises Unemployment Worries
    Employers in the service sector say they’re pulling back on hiring, raising concerns about cracks showing in the until-now stalwart labor market.  ( 16 min )
    Mortgage Lending for LGBTQ+ People
    Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )
    Is There a Roth IRA Gender Gap?
    A nearly equal share of women and men have IRAs, but men have a substantial lead when it comes to account balances and retirement readiness.  ( 25 min )
    Derivative Warrants Explained: Types and Example
    A derivative that gives the holder the right, but not the obligation, to buy or sell a security at a certain price before expiration.  ( 22 min )
    What Happened to First Republic Bank?
    First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 29 min )
    Today's Mortgage Rates & Trends - June 5, 2023: Rates Mixed
    Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 20 min )
    What Is a Blank Check Company? How They Work, Risks, and Example
    A blank check company is a developmental stage company that has no specific business plan or has the intent to merge or acquire another firm.  ( 22 min )
    Personal Loan Rates & Trends, Week of June 5: Rates Mostly Flat
    Personal loan rates continued to moderate this week, lowering the overall average by 7 basis points.  ( 17 min )
    Apple Shares Hit All-Time Highs Ahead Of VR Headsets Launch
    Apple's stock has risen to a new all-time on Monday ahead of its developer conference where the company is expected to unveil its mixed reality headsets.  ( 17 min )
    Bayes' Theorem: What It Is, the Formula, and Examples
    Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 24 min )
    10 Steps to Building a Winning Trading Plan
    Follow these 10 steps to help you build a profitable trading plan. It's impossible to avoid disaster without trading rules—so, make sure you know how to devise them for yourself.  ( 25 min )
    Dividend Discount Model (DDM) Formula, Variations, Examples, and Shortcomings
    The dividend discount model (DDM) is a system for evaluating a stock by using predicted dividends and discounting them back to present value.  ( 29 min )
    Bribe: Meaning, Overview and Tax Treatment
    A bribe is an illegal act in which a gift (for example, money) is given with the goal of influencing an outcome.  ( 19 min )
    War Damage Corporation Definition
    The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 18 min )
    Types of Finance and Financial Services
    Finance is the study of money management and the process of acquiring needed funds—including personal finance, corporate finance, and public finance.  ( 24 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 16 min )
    Risk Premiums: Like Hazard Pay for Your Investments
    A risk premium is the return in excess of the risk-free rate of return that an investment is expected to yield.  ( 26 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 16 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )
    Today's Mortgage Rates & Trends - June 6, 2023: Rates Mixed
    Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 19 min )
    What Are Tradable Commodities?
    Understand what tradable commodities are as well as the rules and risks governing how they are sold and traded in the marketplace.  ( 20 min )
    What (and Who) Is Next of Kin, and Why Does It Matter?
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  • Open

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    Tesla China Sales Eke Higher In May. TSLA Stock Doubles Since January Lows
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    Dow Jones Futures: Apple's 'Flex The Muscles Moment' Arrives; Oil Prices Rise On Saudi Move
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    Crazy Rich Investors Dump Stocks And Buy This Instead
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    Apple Stock Is on Track for Record Closing High. It Could Keep Going.
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    KKR to Buy Circor International in $1.6 Billion Deal
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    KKR to buy machinery maker Circor in $1.6 billion deal
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    This Bud’s for You: Time to Buy Anheuser-Busch InBev
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    Daily – Vickers Top Insider Picks for 06/05/2023
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    Analysis-US hotel developers run out of cash as construction lending dries up
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    PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street
    (Bloomberg) -- For the majority of PayPal Holdings Inc. analysts, the only way is up. Trouble is, the stock keeps going down.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaAbout two thirds of the more than 50 Wall Street firms c  ( 8 min )
    Analysis-Stelara patent deal puts J&J back on path to $57 billion 2025 revenue forecast
    Johnson & Johnson's legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug a larger contributor to J&J’s 2024 and 2025 sales than Wall Street is forecasting. Stelara, introduced in 2009, has been J&J’s top-selling drug since 2019, with sales reaching $9.7 billion in 2022. Its patents begin to expire this year, opening the door to a cheaper biosimilar entering the market, and raising expectations that the company would need to lower the $13,000 per month price of Stelara.  ( 8 min )
    Apple Set for Record High Ahead of Mixed-Reality Headset Launch
    (Bloomberg) -- Apple Inc. is on pace to close at a record high ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fea  ( 7 min )
    Trudeau Is Betting $9 Billion on a Plan to Clean Up the World’s Dirtiest Oil
    (Bloomberg) -- Canada is staking billions of dollars of public money on an oil industry plan to transform one of the world’s dirtiest crudes into one of the cleanest. But it’s relying on a technology with a checkered track record to prolong the life of a business critics say belongs in the history books.The tar that infuses the sands in Canada’s remote northwest is so sticky the region’s indigenous people traditionally used it to waterproof their canoes. It wasn’t much use for anything else unti  ( 11 min )
    The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge
    (Bloomberg) -- The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an interest-rate increase, while explaining to the public that officials aren’t done yet.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Supp  ( 8 min )
    Stocks to Watch Monday: Palo Alto Networks, Oil Stocks, Nvidia
    ↗️ Palo Alto Networks (PANW): The stock will join the S&P 500 benchmark, replacing Dish Network (DISH), the index compiler S&P Dow Jones Indices said. Shares in Palo Alto Networks gained mor  ( 20 min )
    Commodities Slide as Investors Bet on Economic Slowdown
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    U.S. futures paused on Monday after stocks tore higher on Friday after the latest jobs report. As investors look ahead to the Federal Reserve’s monetary policy decision next week, services-sector data due in the day ahead are in focus. Futures for the Dow Jones Industrial Average advanced 30 points  ( 27 min )
    Oil Prices Rally After Saudis Vow Additional Cuts of 1 Million Barrels a Day
    Crude oil futures opened the trading week higher after Saudi Arabia said that it was cutting production on top of OPEC+ reductions. Most-actively Brent crude oil contracts jumped, and recently stood more than 2.2% higher at $77.84 a barrel. The equivalent contract for the U.S. benchmark, West Texas  ( 20 min )
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    Tesla's China-made EV sales rose 2.4% in May from April - CPCA
    U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, data from the China Passenger Car Association (CPCA) showed on Monday. That represented a 2.4% jump from April when Tesla sold 75,842 locally made Models 3 and Y in the world's largest auto market. On a yearly basis, sales rose 142% in May from 32,165 vehicles in the same month of 2022 when Shanghai, where its factory is located, was still subject to COVID-19 containment measures, disrupting production.  ( 6 min )
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    Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
    There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a note on Monday. "Putting together various measures, overall USD usage remains within its historical range with the dollar at top of the pack, but usage is bifurcated under the hood," strategists Meera Chandan and Octavia Popescu at the Wall Street bank wrote. "De-dollarisation is evident in FX reserves where (the dollar's) share has declined to a record as share in exports declined, but is still emerging in commodities," the strategists said.  ( 6 min )
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    Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data suggested a possible recession might be further away, while smaller wage gains stoked hopes inflationary pressures are weakening. Shanghai, Hong Kong and Seoul also rose. Wall Street's benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.  ( 8 min )
    Novo Nordisk in talks buy controlling stake in Biocorp
    The Danish company said it had entered into exclusive negotiations with Bio Jag, Biocorp's main shareholder, for the purchase of its over 45% stake in the French company at a price of 35.0 euros ($37.44) per share in cash. The price represents a premium of 19.5% over Biocorp's closing market price on June 2 and the transaction values Biocorp at about 154 million euros, the companies said. Certain minority shareholders, representing 19.0% of the share capital of Biocorp, will also transfer shares to Novo Nordisk and the transaction will be followed by a squeeze-out procedure.  ( 7 min )
    US banks could face 20% hike to capital requirements - WSJ
    U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average, the Wall Street Journal reported on Monday, to boost the financial system's resilience after a spate of midsize bank failures this year. Regulators are on track to propose the changes as early as this month, the WSJ reported, citing people familiar with the matter. Last month, the U.S. Federal Reserve's top regulatory official told Congress that the central bank would likely unveil its plan to ratchet up capital rules for banks this summer and ensure supervisors more aggressively police lenders following the bank failures.  ( 6 min )
    A Wall Street trader made a $7.5 million windfall on a suspiciously-timed investment ahead of a surprise debt limit deal concession
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    Dollar edges up as US rates seen higher for longer
    The dollar firmed against major peers in Asian trading after a robust U.S. jobs report spurred traders to price in higher interest rates for longer. The Australian dollar erased early losses after a report showed a pick-up in services activity in key trading partner China. The Canadian dollar proved resilient, buoyed by a spike in crude oil prices.  ( 7 min )
    Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts
    A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said. Oil prices jumped more than $1 a barrel on Monday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years. The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to extend production cuts into 2024 as the group seeks to boost flagging oil prices.  ( 8 min )
    Stocks slide as debt ceiling vote looms, jobs data stays hot: Stock market news today
    US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally
    (Bloomberg) -- Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime Membe  ( 7 min )
    Asian shares extend global rally; oil prices jump on Saudi cuts
    Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed U.S. jobs report, while oil jumped as Saudi Arabia pledged big output cuts in July. Brent oil jumped $1.82, or 2.4%, to $77.95 a barrel, while U.S. crude climbed $1.77, or 2.4%, to $73.51. Oil prices have recently come under pressure amid heightened concerns about China's slowing economic recovery.  ( 8 min )
    Asian Stocks Extend Global Rally; Oil Advances: Markets Wrap
    (Bloomberg) -- Asian stocks were poised to climb Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi Arabia.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-Chin  ( 8 min )
    Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
    (Bloomberg) -- Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production to the lowest level for several years after a plunge in crude prices.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fails to Stem Asia  ( 9 min )
    Don’t Ask Us to Come to the Office More —  Or We Will Quit, Investors Say
    (Bloomberg) -- Financial professionals have a warning for their employers: Don't ask me to come in to the office more often, or I’ll quit.Most Read from BloombergMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineQatar Airways Plans for Future Without First Class on Long-HaulOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetThat's according to the latest Ma  ( 9 min )
  • Open

    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 1 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 1 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 1 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 1 min )
    5 Things to Know Before Markets Open
    Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 1 min )
  • Open

    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 1 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 1 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 1 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 1 min )
  • Open

    Eerste hulp bij gras: zo houd je je gazon groen en gezond nu het erg droog is
    Na een koel en fris voorjaar genieten Nederlanders momenteel massaal van de zon. Alleen is dat lekkere weer minder goed voor je gazon. Hoe zorg je er ondanks de droogte voor dat jouw gras groener is dan bij de buren?  ( 6 min )
    Apple kondigt iOS 17 met nieuwe dagboekapp aan
    Het nieuwe besturingssysteem voor de iPhone, iOS 17, is een relatief kleine update ten opzichte van iOS 16. Wel komt er een gloednieuwe dagboekapp en wordt een nieuwe stand-bymodus toegevoegd. Ook presenteerde Apple vernieuwingen voor Macs.  ( 4 min )
    Europese gasprijs stijgt hard doordat andere landen ook meer vloeibaar gas willen
    De Europese gasprijs is maandag voor het eerst sinds maart tot 20 procent gestegen. Dat komt voornamelijk doordat steeds meer Aziatische landen proberen vloeibaar gemaakt aardgas (lng) te bemachtigen. De markt voor lng wordt daardoor krapper.  ( 3 min )
    Stormloop op hooikoortsmiddelen door droog en warm weer
    Hooikoortspatiënten bestellen de laatste weken massaal pillen, sprays en druppels. De verkopen zijn veel hoger dan gebruikelijk in deze tijd van het jaar. Dat merkt A.S. Watson, het bedrijf achter drogisterijketens Trekpleister en Kruidvat.  ( 3 min )
    VDL gaat fietsframes van eigen bodem maken
    VDL Groep, die ook eigenaar is van VDL Nedcar, gaat aluminium fietsframes maken. Het daarvoor opgerichte VDL Bike Frame strijkt neer in Breda.  ( 2 min )
    Gokbedrijf Bingoal krijgt boete voor reclame gericht op jongeren
    Bingoal heeft van de Kansspelautoriteit een boete van 400.000 euro gekregen. Het sportgokbedrijf richtte zich in een reclame op jongvolwassenen in de leeftijd van 18 tot 24 jaar. Dat is verboden.  ( 3 min )
    Jumbo bekijkt of het met sommige producten wat minder kan
    Supermarktconcern Jumbo gaat terug naar de kern. Waar in het verleden een product werd toegevoegd als een klant erom vroeg, houdt de keten het assortiment nu kritisch tegen het licht.  ( 3 min )
    Verlenging van deal over importban Oekraïens graan op komst
    Het blijft voor Oekraïne waarschijnlijk verboden om graan te verkopen in vijf Oost-Europese landen. De landen vrezen voor concurrentie van het goedkopere Oekraïense graan en dwongen vorige maand al een tijdelijk verbod af, dat maandag afloopt. Een verlenging tot september is in de maak.  ( 3 min )
    Viaplay waarschuwt voor mindere resultaten doordat mensen op de kleintjes letten
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Veel zon zorgt voor zonnepanelenrecord en soms zelfs voor geld terug
    Niet eerder is er zoveel energie opgewekt met zonnepanelen als in de maand mei. Het is ook voor het eerst dat deze hernieuwbare bron meer energie opleverde dan biomassa, zo blijkt uit cijfers van Energieopwek.nl.  ( 3 min )
    Formule 1 en Premier League brengen Viaplay niet wat ervan verwacht werd
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Zwitserse bankenreus krijgt op 12 juni gestalte
    UBS rondt de overname van branchegenoot Credit Suisse naar verwachting op 12 juni af. Daarmee ontstaat een Zwitserse bankenreus met een balanswaarde van 1,6 biljoen dollar (1,7 biljoen euro).  ( 3 min )
    Gemiddelde hypotheekrente blijft al maanden ongeveer gelijk
    De langlopende hypotheekrentes zijn in 2023 nauwelijks veranderd, ziet De Hypotheker. Ook maakt het nauwelijks meer uit of je de rente vastzet voor tien, twintig of dertig jaar.  ( 3 min )
    Qatar Airways stopt straks met eersteklas
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Drie op de vier ondernemers kunnen hogere kosten niet doorberekenen aan klant
    Drie kwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan de klant. Dat komt vooral doordat ze bang zijn om klanten kwijt te raken aan de concurrentie. Bovendien zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 3 min )
    Een op de twintig bedrijven heeft problematische schulden
    Zo'n 5 procent van de bedrijven in Nederland dreigt door schulden in de knel te raken. Het gaat om vijfduizend tot tienduizend ondernemingen. Onder meer in de horeca vrezen veel ondernemers dat ze niet meer aan hun betalingsverplichtingen kunnen voldoen.  ( 3 min )
    Meer mensen met zwaar beroep kunnen eerder stoppen met werken
    In steeds meer sectoren kunnen we met vervroegd pensioen. Dat betekent dat iemand met een zwaar beroep bijvoorbeeld drie jaar eerder kan stoppen met werken, maar daar wordt nauwelijks gebruik van gemaakt.  ( 5 min )

  • Open

    Principal Residence Exclusion: Definition, Amount, IRS Rules
    Understand how to leverage the principal residence exclusion to reduce or eliminate paying capital gains tax.  ( 20 min )
    The Tax Implications of Opening a Foreign Bank Account
    The tax implications of opening a foreign bank account are complicated, as the IRS is hostile to U.S. citizens holding such accounts.  ( 23 min )
    Kelley School of Business at Indiana University Definition
    The Kelley School of Business is the business school of Indiana University. It offers programs in finance, accounting, marketing, and management.  ( 19 min )
    Acid-Test Ratio Definition: Meaning, Formula, and Example
    The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities.  ( 25 min )
    How Long Should You Keep Bank Statements?
    Electronic statements should be accessible for as long as you'll need them. If you get paper statements, keep them for at least a year and then shred them.  ( 22 min )
    Tax Loophole for Deducting Home Equity Loan Interest
    Some homeowners can still qualify for a tax deduction on home equity loan interest thanks to a loophole, but only if they meet certain criteria.  ( 23 min )
    What Is Bad Debt? Write Offs and Methods for Estimating
    Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible.  ( 24 min )
    Green Economics: Overview, Criticisms, FAQ
    Green economic theories encompass a wide range of ideas, all dealing with the interconnected relationship between people and the environment.  ( 23 min )
    Turkish New Lira (TRY) Definition
    TRY is the abbreviation for the domestic currency used in the Turkish Republic of Northern Cyprus as well as in Turkey.  ( 18 min )
    After-Tax Basis Definition
    After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 18 min )
    9 Easy Ways to Increase Your Gas Mileage
    Improved gas mileage is good for your wallet, good for your car, and good for the environment. Here's how to achieve it.  ( 21 min )
    Collection Agency Definition
    A collection agency is a company used by lenders to recover funds that are past due or from accounts that are in default.  ( 21 min )
    Coincheck Definition
    Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )
    How to Transfer a 401(k) to a New Employer
    If you're changing jobs you may have the option to roll over your 401(k) into a plan. Learn more about how to transfer a 401(k) to new job.  ( 24 min )
    Budget Control Act (BCA)
    Budget Control Act is a 2011 federal statute to increase the United States' debt ceiling, thereby avoiding the risk of sovereign debt default.  ( 22 min )
    Valuing Startup Ventures
    Valuing a company is a difficult task, regardless of the size of the business—but here are some methods that can help.  ( 28 min )
    What Is Insider Trading, and When Is It Legal?
    Insider trading is using material non-public information to trade stocks and is illegal unless that information is public or not material.  ( 26 min )
    Determining Where to Set Your Stop-Loss
    Determining stop-loss is about targeting an allowable risk threshold and should be strategically derived with the intention of limiting loss.  ( 21 min )
    Bought Deal: Meaning in Initial Public Offerings
    A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company.  ( 19 min )
    Relativity Trap Definition
    A relativity trap is a psychological or behavioral bias that leads people to make irrational choices with their spending decisions.  ( 23 min )
    What Are the Main Problems With a JIT (Just in Time) Production Strategy?
    Learn about the just in time (JIT) production strategy and how the precise coordination and timing it requires can end up costing a business money.  ( 19 min )
    What Are Shares? Meaning and How They Compare to Stocks
    Shares are a unit of ownership of a company that may be purchased by an investor.  ( 23 min )
    Movie vs. TV Industry: Which Is More Profitable?
    Which entertainment sector is more profitable: movies or TV? Let’s take a look. You might be surprised by the results.  ( 19 min )
    Transportation Bond Definition
    A transportation bond is a fixed-income security issued by a municipality to fund infrastructure needs related to public transportation.  ( 19 min )
    Modified Accrual Accounting: Definition and How It Works
    Modified accrual accounting is a bookkeeping method commonly used by government agencies that combines accrual basis accounting with cash basis accounting.  ( 19 min )
    What Is an Amendment? Definition, How It Works, and Example
    An amendment is a change or addition to the terms of a contract agreement, government document, or law.  ( 19 min )
    What Are the Different Types of Margin Calls?
    Learn the differences between margin calls and fed margin calls while reviewing the definitions of each and how to satisfy each call.  ( 20 min )
    Marginal Cost Meaning, Formula, and Examples
    Marginal cost is the change in total cost that comes from making or producing one additional item.  ( 28 min )
    Global Market Downturn Unmade 800,000 Millionaires In 2022
    The world’s richest people saw the biggest decline in wealth in more than a decade in 2022, with high net worth individuals losing $3 trillion collectively.  ( 17 min )
    Understanding Austerity, Types of Austerity Measures & Examples
    Austerity is defined as a state of reduced spending and increased frugality.  ( 25 min )
    Four Scandalous Insider Trading Incidents
    The SEC has always pursued insider trading as a key element of its activities. Here are a few of the most notable cases throughout the years.  ( 24 min )
    Safe Deposit Boxes: Store This, Not That
    Safe deposit boxes can keep certain valuables safe, but don't use one for anything you’ll need easy access to. Learn what you should, and should not, put in a safety box.  ( 25 min )
    Best Ways to Send Large Sums of Money Abroad
    It can be difficult to send large sums of money abroad. Learn more about the top five safest ways to send and receive large sums of money internationally.  ( 22 min )
    What Is a Chargeback? Definition, How to Dispute, and Example
    A chargeback is a charge that is returned to a payment card after a customer successfully disputes an item on their account transactions report. Learn more.  ( 21 min )
    What Is Hyperinflation? Causes, Effects, Examples, and How to Prepare
    Hyperinflation describes rapid and out-of-control price increases in an economy. Learn the causes of hyperinflation and how it can impact everyday consumers.  ( 27 min )
    Proof of Funds (POF): Definition, What Qualifies, and How to Get
    Proof of funds (POF) refers to a document that demonstrates a person or entity has the ability and funds available for a specific transaction.  ( 22 min )
    Lockbox Banking: Definition, How It Works, Risks, and Cost
    Lockbox banking is a service provided by banks to companies for the receipt of payment from customers.  ( 22 min )
  • Open

    Oil jumps 2% on Saudi plan to deepen output cuts from July
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 7 min )
    Oil prices jump more than $2/bbl after Saudi pledges to cut more output
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 6 min )
    Biden Debt-Bill Signing Set to Unleash Tsunami of US Debt Sales
    (Bloomberg) -- President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance after months of disruption.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fail  ( 7 min )
    Elon goes to China, Rivian is selling stock for $3 billion, and Fiat's cutest tiny EV
    The biggest news this week has been Elon Musk’s visit to China, a move that has the potential to strengthen Tesla’s ties with the world’s largest auto market. It’s Musk’s first visit since the COVID-19 pandemic, and his commitment to China isn’t surprising given how much China’s vehicle sales carry the automaker’s global sales. In Q1, China accounted for over half of Tesla’s deliveries.  ( 12 min )
    Amazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’
    "It’s going to take time to adjust back to being in the office more," a spokesman said after a walkout this week.  ( 9 min )
    GameStop, Brown-Forman, Campbell Soup, NIO, Ciena, and More Stocks to Watch This Week
    Earnings reports from Gitlab, Ciena, J.M. Smucker, Brown-Forman, Campbell Soup, GameStop, DocuSign, Vail Resorts, and NIO. Plus, services PMI and durable goods.  ( 23 min )
    Saudi Arabia slashes oil production and threatens to do 'whatever is necessary' to boost prices
    Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging prices.  ( 8 min )
    Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that's resurfaced
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    The stock market's new normal is a future of neverending chaos
    No content preview
    Bill Ackman wants Jamie Dimon to run for president. Here's what Warren Buffett, Bill Clinton, and others have said about the JPMorgan chief's political potential.
    No content preview
    Restaurant Chain Cava Set to Launch IPO
    Executives aim to sell the shares for between $17 and $19 apiece. The high end of that range would value Cava at around $2.2 billion.  ( 29 min )
    Zombie Mortgages Could Force Some Homeowners Into Foreclosure
    Homeowners say they are getting bills and foreclosure threats on second mortgages they thought were taken care of long ago.  ( 23 min )
    Dow Jones Futures: Market Rally Shows Character Change; Tesla, Apple In Focus
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    Chuck Todd to Be Replaced by Kristen Welker on NBC’s ‘Meet the Press’
    Todd, who has anchored the Sunday program since 2014, will step down in September.  ( 28 min )
    Why Employees Should Have an IRA Separate From Their Work 401(k)
    Doubling up retirement plans adds some complexity, but it could be worth it.  ( 27 min )
    Airbus heads towards 500-jet IndiGo order
    Airbus is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India's largest carrier, Indigo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India's historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul. Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said.  ( 6 min )
    The Best Remote Jobs for American Retirees
    While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 10 min )
    Do Bump-Up CDs or Regular CDs Have Higher Yields?
    Certificates of deposits are some of the safest investments you can make. They are not dependent on the stock market, they are protected by deposit insurance and they have clear terms that you understand going in. A bump-up CD, also … Continue reading → The post What Is a Bump-Up CD and How Is it Used to Increase Your APY? appeared first on SmartAsset Blog.  ( 8 min )
    Debt ceiling done, Fed goes quiet: What to watch this week
    With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.  ( 10 min )
    Can I Retire Comfortably at 65 With $1 Million?
    Retiring when you're in your 60s or younger is the goal for every worker. But can you retire comfortably at the age of 65 with $1 million? For some people, yes. But the true answer is that there is no … Continue reading → The post Can I Retire at 65 With $1 Million? appeared first on SmartAsset Blog.  ( 10 min )
    Is $2 Million Enough to Retire Comfortably on at 55?
    It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )
    How Do 401(k) Employer Matches Really Work?
    Changes to federal law governing retirement savings plans allow employers to make matching contributions to employees' 401(k) accounts using after-tax dollars as with a Roth 401(k). Employees get to choose whether contributions will be made after-tax or pretax. However, the … Continue reading → The post How Roth 401(k) Matching Works With Your Employer appeared first on SmartAsset Blog.  ( 8 min )
    US Cities Where High Earners Lose The Most To Taxes and Cost of Living
    An annual income of $250,000 won't put you in the top 1% of earners, but it will get you close to it. That's because only 7% of households in the United States earn $250,000 per year1. How far that income … Continue reading → The post Where High Earners Lose The Most To Taxes and Cost of Living - 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    VW Is on a Hunt for Resources to Remove China From Its EV Batteries
    Volkswagen is the latest carmaker to invest in securing its own supplies for building batteries—and capturing more profits.  ( 29 min )
    Record demand for 35-year mortgages as first-time buyers face soaring rates
    A record share of first-time buyers are taking out mortgages with terms of 35 years or more as soaring costs force more Britons to sign up to a lifetime of debt.  ( 7 min )
    When Nikola and Bed Bath & Beyond Stock Dove, a Big Investor Held On
    California State Teachers’ Retirement System, the second-largest U.S. pension, didn’t budge on first-quarter stock losers Nikola, Bed Bath & Beyond, KeyCorp, and Zions.  ( 23 min )
    German car makers join the race to avert a Brexit ‘cliff edge’ disaster for EVs
    German car makers are ramping up pressure on Brussels to avoid a post-Brexit “cliff edge” for the auto industry as officials in Whitehall race to strike a deal.  ( 9 min )
    Investing Action Plan: Tesla, Apple In Focus With Earnings Season Finally Slowing
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    China’s Recovery Is ‘Sputtering.’ Consumers Are Keeping the Economy Afloat.
    Retailers are seeing strong growth in China after years of pandemic restrictions. The recovery is tenuous, analysts say.  ( 22 min )
    ETF Providers Rush to Tap Into AI Investing Craze
    New actively managed funds are giving investors broader exposure to artificial intelligence development.  ( 27 min )
    OPEC+ meets to debate production quotas, new cut - sources
    OPEC and its allies will meet on Sunday to debate a new deal possibly adjusting countries' output quotas and a further cut in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude, meaning its policy decisions can have a major impact on oil prices. Three sources familiar with OPEC+ discussions have told Reuters that additional production cuts were being discussed among options for Sunday's session.  ( 7 min )
    Many Biotechs Have Net Assets That Top Their Market Values
    There are 23 biotechs with negative enterprise values in the XBI and the iShares Biotechnology ETFs.  ( 22 min )
    Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
    The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.  ( 9 min )
    The gigantic North Sea oil field that could be Britain’s last
    Roughly 80 miles west of the Shetland Islands, on the edges of the North Atlantic, the biggest undeveloped oil field in UK waters sits deep beneath the waves.  ( 10 min )
    After Month of Pain, Euro Bulls Look to Fed Pause for Relief
    (Bloomberg) -- Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With  ( 9 min )
    Housing Ended Spring With a Whimper. What’s Next for Prices, Mortgage Rates.
    Higher mortgage rates stopped both home buyers and sellers in their tracks in the spring, putting an end to the pandemic home-buying boom. Summer might not be better.  ( 22 min )
    OPEC Latest: Fight Over African Members Hangs Over Talks
    (Bloomberg) -- OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with African members threatened to derail the gathering.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With Inflation  ( 8 min )
    THG braced for shareholder revolt over ‘unjustified’ salary for new finance chief
    Former British tech champion THG is facing a shareholder revolt at its investor meeting that risks deepening chief Matthew Moulding’s dislike of the London market.  ( 7 min )
    Saudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas
    OPEC and its allies meet Sunday in Vienna to decide on an output plan.  ( 29 min )
    Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech
    Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.  ( 27 min )
  • Open

    Driekwart ondernemers kan hogere kosten niet doorberekenen aan klant
    Driekwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan klanten. Dat komt vooral omdat ze bang zijn om klanten kwijt te raken aan de concurrentie. Ook zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 4 min )
    Onenigheid met Afrikaanse leden OPEC+ over olieproductiedoelen
    Afrikaanse leden van oliekartel OPEC+ worden steeds meer onder druk gezet om de ruimte binnen hun doelstellingen voor olieproductie op te geven. Die ruimte willen de Verenigde Arabische Emiraten (VAE) graag gebruiken om zelf meer te kunnen produceren. Vooral Angola en Nigeria halen hun doelstellingen niet.  ( 3 min )
    Egypte zet sleepboten in voor tanker met pech in Suezkanaal
    Egypte heeft drie sleepboten ingezet om een olietanker met motorpech in het Suezkanaal weg te slepen. Die tanker stremt het verkeer in de kortste scheepvaartroute tussen Azië en Europa.  ( 3 min )
    Topman Qatar Airways: eersteklas verdwijnt in nieuwe vliegtuigen
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Belangrijke conferentie Apple staat in teken van VR-bril
    Voor Apple-fans is het lange wachten eindelijk voorbij: maandag lanceert de techreus naar alle waarschijnlijkheid na vele jaren weer een belangrijk nieuw product. Apple komt op zijn jaarlijkse ontwikkelaarsconferentie WWDC volgens vele geruchten met een eigen virtualreality-bril (VR).  ( 4 min )
    Zeepmaker Henkel heeft optie voor terugkopen activiteiten Rusland
    De Duitse zeepmaker Henkel, bekend van merken als Pritt en Persil, heeft de mogelijkheid om zijn activiteiten in Rusland binnen nu en tien jaar terug te kopen. Voorwaarde is wel dat de omstandigheden in en de relatie met dat land "fundamenteel" veranderen.  ( 3 min )
    Video | Waarom je zonnepanelen in de lente het meeste opbrengen
    Steeds meer Nederlanders hebben zonnepanelen op het dak liggen. Maar wanneer produceren deze panelen nou de meeste stroom?  ( 3 min )
    Goedkoper op vakantie door sterke euro? Dat valt te bezien
    We krijgen deze zomer meer dollars, kronen, lira’s en Antilliaanse guldens voor een euro. De waarde van onze munt bij een wisselkantoor zit in de lift. Dat kan interessant zijn richting het vakantieseizoen. Maar je reis wordt er niet altijd goedkoper van.  ( 6 min )
    De comeback van de basisbeurs is (bijna) een feit, maar niet voor alle studenten
    Als de Eerste Kamer dinsdag met de herinvoering van de basisbeurs instemt, krijgen studenten vanaf september weer maandelijks een bedrag dat na hun opleiding een gift wordt. Dat is een opluchting voor veel studenten, al is het wetsvoorstel volgens velen verre van perfect.  ( 5 min )

  • Open

    Vostro Account: Definition, Purpose, Services, and Example
    A vostro account is an important part of correspondent banking in which a foreign bank provides financial services on behalf of a domestic bank.  ( 22 min )
    Secured Overnight Financing Rate (SOFR) Definition and History
    The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced LIBOR.  ( 22 min )
    Top 6 Marriage-Killing Money Issues
    Strengthen your marriage by understanding and dealing with these six major financial stressors.  ( 30 min )
    The Rules of a 401(k) Hardship Withdrawal
    You can take funds from your retirement account for immediate and pressing financial needs. But you'll pay a price for doing so.  ( 23 min )
    Crossed Check: Definition, Meaning, and How It Works
    A crossed check is a check that has been crossed with two parallel lines, either across the whole check or through the top left-hand corner of the check.  ( 21 min )
    What Is a Basic Attention Token (BAT)? How It Tracks Consumers
    The Basic Attention Token (BAT) fuels the Brave browser, which aims to revolutionize digital advertising through blockchain technology.  ( 21 min )
    Who Is Craig Wright? Is He Really Bitcoin's Satoshi Nakamoto?
    Craig Wright claims to be Satoshi Nakamoto, the mysterious inventor of Bitcoin. But his claim is riddled with holes.  ( 24 min )
    Biden Signs Bill Ending Debt Limit Showdown
    The debt limit crisis is over. For now, at least, as President Joe Biden signed a bill Saturday suspending the nation’s self-imposed borrowing limit until January 2025.  ( 17 min )
    Empirical Rule: Definition, Formula, Example, How It's Used
    The empirical rule is a statistical theory stating that 99.7% of normally distributed data will fall within three standard deviations from the dataset's mean.  ( 26 min )
    Tezos (XTZ): Definition and How It Works in Crypto
    Tezos (XTZ) is a decentralized blockchain network with an associated cryptocurrency token and a colorful history.  ( 22 min )
    What Is Ethereum 2.0?
    The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 22 min )
    What You Need to Know About Fee-Only Financial Advisors
    Fee-only financial advisors get paid for their services, not by commission. Learn why that matters and why you may still want to hire one.  ( 28 min )
    Turbulent Global Economy Trimmed the Ranks of Billionaires in 2022
    The world’s billionaire population fell by 3.5% in the latest year, with tech, healthcare, and real estate fortunes particularly vulnerable.  ( 18 min )
    Adidas Releases Remaining Yeezy Inventory—Here’s What Kanye West’s Net Worth Is Now
    Kanye West has a net worth of $400 million as of 2023, according to Forbes. West’s net worth dropped from $2 billion after Adidas and other companies cut ties with the rapper in 2022 after antisemitic comments and offensive behavior.  ( 18 min )
    How Do Interest-Only Mortgages Work?
    Sophisticated borrowers may consider one of these interest-only loans to keep their initial mortgage payments low, but should understand the risks first.  ( 26 min )
    Irrevocable Letter of Credit (ILOC): Definition, Uses, Types
    An irrevocable letter of credit is a bank guarantee for payment by the party requesting the letter. It cannot be revoked.  ( 28 min )
    Optimize Your Portfolio Using Normal Distribution
    Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk.  ( 24 min )
    An Advisor's Role as Behavioral Coach
    Investment management is just one part of a financial advisor's role.  ( 25 min )
  • Open

    Why it's not that great that everyone is flocking to their online bank
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    From artificial intelligence to 'absolute insanity,' these are the 3 ingredients needed to fuel the next stock market bubble
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    Bond Bulls Ignore Fed-Hike Noise and Keep Buying Yield Spikes
    (Bloomberg) -- For over a year, bond traders been whipsawed by uncertainty about how high the Federal Reserve will push interest rates. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthUS Chides China Over Defense Talks as Navy Sails by TaiwanBut that’s now giving way to a gro  ( 8 min )
    Home buyers are facing the least affordable market on record
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    Democrats Hatch Plans to End ‘Insanity’ of Debt-Ceiling Fights
    Some lawmakers are seeking legislation or action by President Biden to avoid the recurring high-stakes standoffs on Capitol Hill.  ( 30 min )
    Billionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here's the 8 best quotes.
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    The housing market has never been this unaffordable for new buyers
    "For new home buyers, this is the worst situation since the end of the Great Recession."  ( 6 min )
    Jim Chanos, Bank of America, and others still aren't jumping on the AI hype train
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    JPMorgan's Jamie Dimon succession dilemma
    The industry's top banker knows he can't be the boss "forever." How much longer will he stay, and who would replace him?  ( 11 min )
    Trillion-Dollar Treasury Vacuum Is Coming for Wall Street Rally
    (Bloomberg) -- With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a N  ( 9 min )
    Don't keep your money in Venmo, PayPal, and other payment apps, CFPB warns
    Money held in popular apps like Venmo, PayPal, and CashApp are more vulnerable to financial uncertainty because they may not offer federal deposit insurance through the FDIC or NCUA.  ( 8 min )
    Palo Alto Networks To Join S&P 500 Index: Here Are All The S&P Index Changes
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    Can I Make After-Tax 401(k) Contributions?
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    The Tentative Debt Ceiling Deal Could Affect You More Than You Think
    President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This … Continue reading → The post What the Tentative Debt Ceiling Deal Means For You appeared first on SmartAsset Blog.  ( 7 min )
    Investor Panic Ensures as Potential Consequences of a U.S. Debt Default Revealed
    Eight million is the sobering figure economists urge you to remember. If the U.S. were to default on its debt, the repercussions would be large: a staggering loss of more than 8 million jobs, accompanied by a protracted recession that could … Continue reading → The post Investor Panic: Potential Consequences of a U.S. Debt Default Revealed appeared first on SmartAsset Blog.  ( 12 min )
    Can I (Legally) Avoid Paying Tax on Dividends?
    Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.  ( 8 min )
    $300,000 Probably Won't Last You Too Long in Retirement
    How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Will an Employer Match Count Toward My 401(k) Limit?
    A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: These Stocks Are a Bargain Right Now
    Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )
    How I Can Retire Comfortably at 45 With $2 Million
    Retiring before you're 50 may sound like a pipe dream, but a nest egg of $2 million can make this a reality. The question is, how can you save that amount in only about two decades? Depending on your circumstances, … Continue reading → The post How to Retire at 45 With $2 Million appeared first on SmartAsset Blog.  ( 11 min )
    Is It Possible to Save Too Much For Retirement?
    It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Is $3 Million Enough to Retire Comfortably at 65?
    To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 8 min )
    Don't Forget: Roth IRA Income Limits For 2023
    A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 10 min )
    Can I Take Money Out of My 401(k) Even If I'm Still Employed?
    Taking money out of a 401(k) is a big decision. The specifics of how to take money out of a 401(k) plan depend on your age, employer plan, whether you're still working for the company that sponsors your 401(k) plan … Continue reading → The post How to Take Money Out of a 401(k) Plan appeared first on SmartAsset Blog.  ( 9 min )
    How to Be Smart About Artificial-Intelligence ETFs
    With all the attention on ChatGPT, here is how to choose an AI fund. They’re not all alike.  ( 28 min )
    Your early childhood skills will become more important to landing a job than your degree, says a Harvard future of work professor
    If you haven’t gone to therapy yet, here’s your sign: Addressing your childhood trauma could be critical for your career.  ( 9 min )
    S&P 500 Giant Tesla Leads Five Stocks Near Buy Points As Market Revs Up
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    Get Ready for the Full-Employment Recession
    Employment is soaring yet output is falling, by one measure. Blame a historic slump in productivity.  ( 27 min )
    A nation of quitters: US workers aren't staying at jobs for as long as they used to
    In the last decade between 2012 and 2022, the median job tenure has dropped from 4.6 years to 4.1 years.  ( 9 min )
    Even the cheapest Tesla Model 3 now qualifies for the full $7,500 tax credit
    If you're buying a Tesla Model 3 in the US, you can now get the maximum possible federal tax credit of $7,500 no matter what make you're getting.  ( 6 min )
    The Wrong Accounting Method Can Prevent You From Tax-Loss Harvesting
    If you want to use tax losses from individual equities or mutual funds to offset gains elsewhere, it is key to use an accounting system that allows you to specify which shares can be sold.  ( 22 min )
    Chip maker TSMC needs to hire 4,500 Americans at its new Arizona plants. Its ‘brutal’ corporate culture is getting in the way
    The chip giant says its Arizona hiring is on schedule, but recruiters say the company is a hard sell.  ( 14 min )
    Saudi Oil Minister Takes Combative Stance With Wall Street Speculators
    As the world’s biggest oil producers gather to decide on a production plan, the spotlight is on Prince Abdulaziz bin Salman’s fixation on traders whose bets can cause crude prices to fall.  ( 29 min )
    A New Wave of Real Estate Pain Is Coming After European Rout
    (Bloomberg) -- Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the Making of Redfall, Xbox’s Latest Misfir  ( 9 min )
    Meredith Whitney, Who Predicted the Financial Crisis, Reveals Her Next Act
    Whitney rose to prominence as an Oppenheimer analyst and went on to a career in startups. Now she's ready for a new chapter.  ( 22 min )
    How Britain's broken benefits system created a 'lost generation' who no longer need to work
    It is more than a century since the first jobless benefits were paid in Britain, when David Lloyd George’s Liberal government introduced unemployment insurance through the National Insurance Act of 1911.  ( 12 min )
    Dow jumps 700 points as US stocks soar on end to the debt ceiling fight and strong May jobs report
    Markets cheered the end of the debt ceiling showdown as the Senate sent the bill to raise the US borrowing limit to President Biden's desk.  ( 7 min )
    Online Banks Are Winning the Deposit War
    Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.  ( 28 min )
    Cash-strapped Treasury Department sells one-day bills for the first time since 2007
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    Even the biggest winners of Nvidia's stock spike are cutting back as AI hype goes into overdrive
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    Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here's What To Do Now
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  • Open

    Waar DSM en Shell hun kroon afzetten, wordt Heijmans juist koninklijk
    Bouwbedrijf Heijmans heeft zaterdag het predicaat koninklijk gekregen. De bouwer uit Rosmalen bestaat honderd jaar en krijgt bij dat jubileum de royale titel uitgereikt. Shell en DSM verloren onlangs nog hun kroon. Hoe zit het met het predicaat koninklijk?  ( 5 min )
    Biden ondertekent schuldendeal en voorkomt chaos op financiële markten
    De Amerikaanse president Joe Biden heeft zaterdag zijn handtekening gezet onder het wetsvoorstel dat de verhoging van het schuldenplafond regelt. Daarmee is voorkomen dat de VS zijn financiële verplichtingen niet meer kan nakomen.  ( 4 min )
    Op vakantie buiten Europa? In een paar seconden verbruik je 60 euro aan data
    Ga je deze zomer buiten Europa op vakantie, denk dan goed na over het gebruik van je smartphone. Met een beetje pech verbruik je in enkele seconden voor tientallen euro's aan mobiel dataverkeer. Gelukkig zijn er manieren om te voorkomen dat je thuis een dikke telefoonrekening op de mat vindt.  ( 5 min )
    Witte Huis denkt cruciale schuldendeal vandaag te kunnen ondertekenen
    De Amerikaanse president Joe Biden ondertekent mogelijk zaterdag al het wetsvoorstel dat de verhoging van het schuldenplafond regelt, laat een regeringswoordvoerder weten.  ( 4 min )
    Vijfhonderd e-mailadressen gelekt bij pensioenfonds ABP
    Er zijn vijfhonderd e-mailadressen van gepensioneerden bij pensioenfonds ABP gelekt. Het lek kwam tot stand door een "menselijke fout" bij het verzenden van een e-mail, zegt een woordvoerder van ABP.  ( 2 min )
    Zomervakantie vieren we steeds vaker in Noord-Europa
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Zomervakantie wordt steeds vaker in Noord-Europa gevierd
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Wat doet en verdient een lid van de Eerste Kamer?
    Voor Eerste Kamerleden bestaat geen vacaturesite. Ze worden gekozen door de leden van de Provinciale Staten, die op hun beurt weer zijn gekozen door ons. De 75 nieuwe Eerste Kamerleden blijven in principe vier jaar aan.  ( 5 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 1 min )

  • Open

    Here's why the upcoming OPEC meeting will be a 'pivotal' moment as tensions simmer between Russia and Saudi Arabia over global oil supply
    It's possible that Saudi Arabia brings a more assertive stance to the table when OPEC+ holds its meeting on Sunday.  ( 8 min )
    Extreme investor bearishness suggests stock market gains of 16% are coming in the next 12 months, BofA says
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    Tesla says all new Model 3s now qualify for full $7,500 tax credit
    All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla's website. The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China for batteries. The full $7,500 tax credit is broken into two parts.  ( 6 min )
    How the Debt-Ceiling Deal Could End Up Biting Stock Investors
    Changes in the Federal Reserve’s balance sheet, the Treasury’s cash balances, bank reserves, and other factors will probably affect equities.  ( 22 min )
    Disney Sees Potential $1.9 Billion Charge From Removing Streaming Content
    Company said it removed certain produced content from its DTC segment on May 26.  ( 27 min )
    ‘Shadow Banks’ Account for Half of the World’s Assets—and Pose Growing Risks
    Regulators don't have a clear view into the huge world of nonbank finance, or 'shadow banking.' Barron's peers into this opaque world.  ( 75 min )
    EV-Charging Firm EVgo’s Largest Holder Bought $25 Million of Stock
    LS Power purchased 5.9 million shares in EVgo’s recent stock offering. EVgo Chairman David Nanus is on LS Power’s management committee.  ( 22 min )
    DraftKings Stock Ends Up Being A Good Bet
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    JPMorgan COO: 'There will be a recession at some point'
    Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.  ( 8 min )
    Stock Melt-Up Drives S&P 500 to Brink of Bull Run: Markets Wrap
    (Bloomberg) -- The relentless rally in big tech, options positioning and bets on a Federal Reserve pause following a mixed jobs report put stocks on the verge of a bull market.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiInside the Making of Redfall, Xbox’s Latest MisfireHedge Funds at War for Top Traders Dangle $120 Million Payout  ( 8 min )
    Foreign investors are pulling out of Chinese markets at a faster pace as the economic rebound stumbles
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    Stock Market Surge Underscores Bullish Week For Indexes; Dow Gains 700 Points
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    C3.ai Stock Set to Lead in AI After Srong Quarter
    Analysts weigh in on Kenvue, C3.ai, CSX, Toast, and Ryanair Holdings  ( 22 min )
    This 35-Year-Old Man Was Unemployed When He Founded NerdWallet — A $738 Million Company
    Tim Chen, CEO and co-founder of NerdWallet Inc., has come a long way since the 2008 financial crisis when he found himself among the unemployed, like many others at that time. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families After spending four years working in hedge funds such as Perry Capital and JAT Capital Management, Chen received the news of his layoff around Christmas, leaving him devastated. “It was super  ( 9 min )
    Time To Take Profit On Six Winners With Huge Gains?
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    Auto Stocks Are Soaring. 1 Reason Is a Golden Cross.
    Tesla stock is up more than 4% in late trading. One reason looks technical. The other looks like unemployment did the trick.  ( 22 min )
    How One Trader Made $8 Million In The Stock Market In 2 Years
    Making money in the stock market sounds like a dream come true, and for most traders, it's just that: a dream. Unless your name is Jack Kellog, the 24-year-old who achieved $8 million in gains from day trading in 2020 and 2021. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Where It All Started Starting his trading journey in 2017 with only $7,500, Kellogg has encountered and overcome various market conditions,  ( 8 min )
    AI Is Going to Change Investing. Here’s How It Could Play Out.
    Like the PC and cellphones, artificial intelligence has the capacity to rewrite how almost every business works—including investing. Here’s how it might change things for retail and institutional investors.  ( 22 min )
    The A.I. job culling has already begun and 4,000 people lost work last month to the technology, according to a new report
    White-collar jobs are most at risk.  ( 7 min )
    Extreme Networks Surges To All-Time High As Analysts Get Bullish On Network Leader
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    Tesla Stock Breaks Out; Here's How To Profit With A Butterfly Spread
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    U.S. Oil Drillers Are Idling Rigs
    The number of rigs drilling for crude dropped again this week, a sign that U.S. producers are pessimistic about prices. There are now 555 rigs drilling specifically for oil, down 15 from last week in the sharpest decline in oil-patch activity since the Covid lockdowns. The total is down 11% since t  ( 20 min )
    A Viterra-Bunge Deal to Rescue Argentine Soy Giant Is Now at Risk
    (Bloomberg) -- A deal to rescue one of the biggest suppliers of soybean meal fed to livestock herds around the world is at risk of falling apart because of court delays and Argentina’s worst drought in living memory.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the  ( 8 min )
    3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone.
    DuPont, Corteva, Chemours, and 3M shares are up after a $1.2 billion legal settlement over PFAS chemicals. Here's how investors can make sense of that.  ( 36 min )
    Why Taiwan Semi Isn’t the Stock to Play Nvidia’s AI Boom
    Wall Street analysts are telling clients TSMC's exposure to the AI trend might be limited this year.  ( 22 min )
    Apple's Lesser-Known Co-Founder Owned ⅓ Of The Company But Missed Out On A Potential $900 Billion Fortune
    With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s jour  ( 9 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 18 min )
    Wharton professor Jeremy Siegel says investors' hopes of a Fed pause are pushing stocks higher – and skipping a rate hike would lower the risk of a US recession
    No content preview
    Microsoft Could See AI Revenue Boost of $100 Billion by 2027, Analyst Says
    Evercore ISI analyst Kirk Materne says artificial intelligence is going to provide a gigantic boost to Microsoft, which is in a "unique position to monetize the platform shift to AI."  ( 22 min )
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    Amazon.com is reportedly in talks with phone carriers to offer low-cost or free nationwide mobile phone service to Prime subscribers.  ( 23 min )
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    Analyst Report: Public Storage
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    The Jobs Report Was Very Strong. Why the Stock Market Is Up Anyway.
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    Apple and Goldman Sachs Don’t Trust Their New Banking Customers
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    IPO Stock Of The Week: Software Leader JFrog Eyes Buy Point With 417% Growth
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    Coors and Miller Lite Gain at Bud Light’s Expense. It Might Last.
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    What's Going On With SoFi Tech Stock Friday
    SoFi Technologies, Inc (NASDAQ: SOFI) stock is down Friday as the Senate cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 against it. The CARES Act passed in March of 2020, allowed a pause on student loan repayments. The current debt ceiling deal would terminate this pause, and repayments must resume on August 29, 2023. The student loan refinancing firm prosecuted the government to end the pause earlier this year. Through student and personal loans, the company aime  ( 7 min )
    Apple’s Revenue Could Get a Big Boost From AR/VR. Here’s One Estimate of How Much.
    If a headset is unveiled at Monday's WWDC, Apple shares might get a big boost too.  ( 22 min )
    What's Going On With Big Telecom Stocks Today - Dish, Verizon, T-Mobile, AT&T
    Dish Network Corp (NASDAQ: DISH) stock is up Friday amid reports of selling wireless plans for its mobile phone service through Amazon.Com Inc(NASDAQ: AMZN). Amazon has been talking with wireless carriers about offering Prime subscribers $10 a month or possibly for free and bolster loyalty among its biggest spending customers. The company is negotiating with Verizon Communications Inc (NYSE: VZ), T-Mobile US Inc (NYSE: TMUS), and Dish for the lowest possible wholesale prices, Bloomberg reported  ( 7 min )
    Student loans: Borrower advocates press for Biden veto on ‘shameful’ student debt bill
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    Pro Picks: Missed the boat on Nvidia? Check out these 5 stealth AI plays
    After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up estimates on the company. But that massive surge makes Nvidia a tricky buy right now: InvestingPro’s fair value algorithm calls the stock overvalued at current levels, with some 30% potential downside risk.  ( 7 min )
    Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now.
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    Rivian Stock Is Down but Not Out. A Wall Streeter Sees a Path for Profits.
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    Elon Musk Praises Quality of Made in China Teslas, Exxon Eyes Double Output With New Fracking Tech, Netflix Shareholders Vote Against Fat Exec. Pay: Today's Top Stories
    Benzinga Made-In-China Teslas Are The Highest Quality, Says Musk: ‘It Warms My Heart’ Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese staff. Sharing pictures from his visit to the Gigafactory on Wednesday evening, Musk tweeted, “Congratulations to Giga Shanghai & Tesla C  ( 12 min )
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    Retirement-Savings Changes You Should Know About for 2023-24
    The Secure 2.0 Act has all sorts of provisions that take effect between now and 2027. Here’s when they kick in.  ( 27 min )
    Stocks to Watch Friday: Lululemon, Dish, AT&T, Amazon
    ↗️ Lululemon Athletica (LULU): The athletic-gear maker raised its annual outlook on sales growth in China. Shares climbed around 12%, snapping a nine-day losing streak. ↘️AT&T (T), [**Verizon (VZ)  ( 21 min )
    Possible Amazon Entry Into Wireless Services Sends Telecom Stocks Down
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    Dollar General Blew Up Its Recession-Proof Reputation. Analysts Prefer This Retailer.
    Dollar General's lowered outlook casts a shadow on prospects for discount retailers but some analysts still see opportunities.  ( 22 min )
    Carvana Cancels $1 Billion Debt Swap as Creditors Hold Out
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    Insurance giant Allstate followed StateFarm in halting home insurance policies for Californians
    California’s homeowners are already bearing the brunt of devastating wildfires every summer. Now, it will be harder for them to find insurance companies willing to potentially cover the damages.  ( 8 min )
    Amid Booming Revenue Growth, Buyers Lift Smartsheet Stock Ahead Of Fiscal Q1 Report
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    Wegmans is closing one of its largest grocery stores. Its unusual location hurt business
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    Telecom Stocks Drop After Report That Amazon Might Offer Mobile Service
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    RPT-UPDATE 3-US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc is in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., Bloomberg News reported on Friday. The discussions, which have been going on for six to eight weeks, have also included AT&T Inc at times, the report said, citing people familiar with the matter. Bloomberg News also said Amazon has been negotiating to get the lowest possible wholesale prices that would let it offer Prime members wireless plans for $10 a month or possibly for free.  ( 7 min )
    US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc has been in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., a report by Bloomberg News said on Friday, citing sources familiar with the matter. Amazon.com Inc, Verizon and T-Mobile did not immediately respond to a Reuters request for comment.  ( 6 min )
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    What Happens If I Lose a Vested Pension?
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    Can I Retire at 65 with $2 Million?
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    Best Stocks To Buy And Watch Now: MongoDB Headlines 5 Top Tech Stocks For June 2023
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    SentinelOne's disappointing forecast slams shares
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    Elon Musk accused of insider trading (again) to rake in $124 million from Dogecoin sales by temporarily changing Twitter logo to a Shiba Inu
    The latest amendment to a June 2022 lawsuit alleges two wallets controlled by Musk sold 1.4 billion Dogecoin when he used his social network to deliberately pump the price.  ( 8 min )
    Millennials' Top Stock Is Up 192% — And You've Never Heard Of It
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    Stocks rise ahead of May jobs report: Stock market news today
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    Analyst Report: Royal Bank of Canada
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    ChargePoint Earnings Beat Estimates but the Stock Is Falling. Here’s Why.
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    Technical Assessment: Bearish in the Intermediate-Term
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    3M Heads to Trial in ‘Existential’ $143 Billion Forever-Chemicals Litigation
    (Bloomberg) -- 3M Co. faces an existential threat from lawsuits over allegedly cancer-linked “forever chemicals” that have leached into municipal water supplies, with the company’s liability possibly hitting $143 billion for cleanup alone. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich L  ( 9 min )
    Dow Jones Futures Rise: Jobs Report Looms As Tesla Breaks Out
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    Daily – Vickers Top Insider Picks for 06/02/2023
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    Daily – Vickers Top Buyers & Sellers for 06/02/2023
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    Elon Musk convinced 19 luminary investors to help him buy Twitter. Here’s what their stakes are worth now
    Filings from Fidelity estimate that the company is worth one third what investors paid for their stakes.  ( 7 min )
    The RV Boom Is Over, But These Stocks Promise a Sweet Ride
    Sales of recreational vehicles are way off their pandemic peak, but the industry won’t be in the breakdown lane for long.  ( 28 min )
    Nvidia Is Still a ‘Buy’ on Wall Street as Analysts Race to Boost Price Targets
    Analysts have raced to boost their price targets on the chip maker’s stock after the company’s market value gained $650 billion since October.  ( 27 min )
    Apple’s new Goldman Sachs savings accounts excited savers with high interest rates—now some users are struggling to get their money out
    Some customers reportedly experienced delays in transferring funds from the savings account to another bank account.  ( 8 min )
    4 REITs to Consider–and 2 to Avoid
    Ppportunities—and risks—abound after a tough couple of years.  ( 23 min )
    4 big analyst picks: C3.ai upgraded on AI mega-trend
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at C3.ai, Chevron, Domino’s Pizza, and The Trade Desk. Wedbush upgraded C3.ai (NYSE:AI) to Outperform from Neutral and raised its price target to $50.00 from $24.00 following Q4 earnings, as InvestingPro reported in real time. Furthermore, Wedbush noted that the company is in a unique position to help lead the charge and monetize this looking ahead the next 12 to 18 months.  ( 7 min )
    Putin’s War Ignites Backlash Against US Dollar Across the World
    (Bloomberg) -- All around the world, a backlash is brewing against the hegemony of the US dollar.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpApple Plans Major Retail Push With New Stores Across China, USBrazil and China recently struck a deal to settle trade in their local currencies, s  ( 11 min )
    Short sellers have lost more than $13 billion betting against these 5 AI stocks this year
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    PwC Contracts Frozen by $191 Billion Australian Pension Fund
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  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 17 min )
    Current Account Savings Account (CASA): Definition and Formula
    A current account savings account is aimed at combining the features of savings and checking accounts to entice customers to keep their money in banks.  ( 21 min )
    Did Obamacare Make Premiums Go Up?
    A careful look at data from nonpartisan sources suggests that any increases have been modest by historical standards.  ( 21 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of June 2023.  ( 23 min )
    Herrick Payoff Index
    The Herrick Payoff Index tracks price, volume, and open interest to identify potential trends and reversals in futures and options contracts.  ( 20 min )
    5 Biggest Mistakes People Make With Reverse Mortgages
    Reverse mortgages can provide supplemental income for retirees. Learn the biggest mistakes to avoid with a reverse mortgage.  ( 22 min )
    What Is Social Media Optimization (SMO), and Why Is It Important?
    Social media optimization (SMO) is the use of social media networks to manage and enhance an organization’s message and online presence.  ( 21 min )
    Newly Signed Home Contracts Fell In New York Last Month
    High mortgage rates and elevated prices are keeping would-be homebuyers in New York out of the housing market.  ( 17 min )
    How Much Does It Cost To Lease a Car?
    If you’re thinking about leasing a new vehicle, here’s what you need to know about how car leases work and the fees that you can expect to pay in total.  ( 23 min )
    Top CD Rates Today, June 2, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Transfer of Physical Assets (TPA) Definition
    A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.  ( 24 min )
    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 16 min )
    8 Inventions That Made Our Lives Easier
    These inventions in the fields of finance, healthcare, technology, food, and energy have greatly improved our standard of living.  ( 21 min )
    Warren Buffett's Best Buys
    Why the Oracle of Omaha's approach to investing has served him well over the years.  ( 24 min )
    Depository: Definition, Meaning, Types, and Examples
    A depository is a facility such as a building, office, or warehouse in which something is deposited for storage or safeguarding. Learn more about how they work.  ( 24 min )
    Dormant Account: Definition, How It Works, and Example
    A dormant account is a customer bank deposit that has seen no activity other than the posting of interest for a long period of time. Here's what happens to dormant accounts.  ( 22 min )
    What Happens If You Pay Off a Car Loan Early?
    If you pay off your car loan early, you can typically save money on the total cost of the loan as you reduce the amount of interest you pay.  ( 24 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 16 min )
    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 16 min )
    4 Professional Associations for Financial Advisors
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    Credit Repair: What it is, How it Works, Services Related To
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    Construction Occupancy Protection Exposure (COPE) Definition
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    American Express Savings Account Interest Rates: June 2023
    American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 18 min )
    Ally Bank Savings Account Interest Rates: June 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 19 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 17 min )
    Edmund S. Phelps Definition
    Edmund Phelps is an American professor of political economy at Columbia University and winner of the 2006 Nobel Prize in Economics.  ( 19 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 17 min )
    Top 12 House-Hunting Mistakes & What to Look for
    If you can avoid these mistakes when house-hunting, you'll be more likely to find a home that suits both your feelings and your finances.  ( 29 min )
    Valuation Period Definition
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    Check: What It Is, How Bank Checks Work, and How To Write One
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    Sovereign Default: Definition, Causes, Consequences, and Example
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    Why Might Your 401(k) Be Unavailable After You Leave a Job?
    Here's why all or part of your 401(k) plan may not be accessible after your employment ends. In time, you may (or may not) receive all the funds.  ( 23 min )
    Money-Weighted Rate of Return: Definition, Formula, and Example
    A money-weighted rate of return is the rate of return that will set the present values of all cash flows equal to the value of the initial investment.  ( 22 min )
    Holding Period Return/Yield: Definition, Formula, and Example
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    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 16 min )
    Online Shoplifting Definition
    Online shoplifting is a type of theft involving dishonest chargebacks and piracy targeting online or ecommerce merchants.  ( 18 min )
    How Operating Leverage Can Impact a Business
    Operating leverage can tell you a lot about a company and its future profitability, and the level of risk it offers to investors. Learn the pros and cons.  ( 24 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 16 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 16 min )
    Buying Hedge Definition
    A buying hedge is a transaction used by companies and investors to hedge against increases in the price of assets underlying a futures contract.  ( 19 min )
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    Private equity (PE) has gained a great amount of influence in today's financial marketplace. Check out what it is and how it operates.  ( 29 min )
    What Is a Bid-Ask Spread, and How Does It Work in Trading?
    A bid-ask spread is the amount by which the ask price exceeds the bid price for an asset in the market.  ( 24 min )
    Hiring Increased in May, So Did Unemployment. What's Up With That?
    A report Friday sent contradictory signals about the job market, showing the economy was both gaining and losing jobs—thanks to a quirk in the way the government gathers data.  ( 17 min )
    How to Hedge Against Inflation in 2023
    Inflation is the economic impact where the cost of goods and services rises. Learn how to hedge against inflation and mitigate the effects of inflation.  ( 25 min )
    Today's Mortgage Rates & Trends - June 2, 2023: Decline Continues
    Rates on 30-year mortgages fell for a third day in a row. They're now more than a half percent below Friday's high, and at their lowest point in two weeks.  ( 19 min )
    Speculation: Trading With High Risks, High Potential Rewards
    Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain.  ( 24 min )
    Ways The United States Can Get Out of Debt
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    Employers Added Surprisingly High 339,000 Jobs in May
    The labor market once again blew past the expectations of economists—the consensus forecast called for only 188,000 jobs to be gained, according to Wells Fargo Securities.  ( 17 min )
    How To Open and Access an Offshore Bank Account
    You can open an offshore bank account to bank in another country, but the process can be take longer. Here's how opening an offshore bank account works.  ( 26 min )
    Stock Market Down? One Thing Never to Do
    It’s better to think long term than to panic and sell stock at a low during a downturn, but you need to have a strategy for different outcomes.  ( 26 min )
    Senate Passes Debt Ceiling Deal, Averting Default Crisis
    The Senate passed a bill Thursday night, averting a looming debt crisis and potential economic disaster.  ( 16 min )
    World's Top Oil Futures Contract Adds U.S. Benchmark
    ICE's Brent crude futures contract will reflect the addition of West Texas Intermediate crude oil to the basket of North Sea oil sources it uses to assess Brent prices, the benchmark for about 80% of global oil trades.  ( 18 min )
    Real-Time Gross Settlement (RTGS): Definition & Benefits
    Real-time gross settlement is the continuous process of settling payments on an individual order basis without netting debits with credits.  ( 22 min )
    Cash Stored On Payment Apps May Not Be as Safe As You Think
    The money you have stored on a mobile payment app may be at more risk than you think if the company providing it runs into financial trouble, the government’s consumer watchdog has warned.  ( 17 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 17 min )
    Risk-Weighted Assets: Definition and Place in Basel III
    Risk-weighted assets are used to determine the minimum amount of capital that must be held by a bank, by assigning risk levels to each type of asset.  ( 22 min )
    Custodian: What It Means in Banking and Finance
    A custodian bank is a financial institution that holds customers' securities in electronic or physical form to minimize the risk of theft or loss.  ( 25 min )
  • Open

    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 1 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 1 min )
    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 1 min )
  • Open

    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 1 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 1 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 1 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 1 min )
  • Open

    Oliebedrijf BP stopt als sponsor van British Museum na druk van klimaatacties
    Het Britse olie- en gasbedrijf BP en het British Museum zetten na 27 jaar een punt achter de sponsoring. Het museum maakt zich daarmee los van de fossiele industrie, wat campagnevoerders toejuichen.  ( 3 min )
    Trein van Amsterdam naar Londen is volgend jaar maandenlang uit de running
    Vanaf de zomer van 2024 rijden maandenlang geen Eurostar-treinen van Amsterdam naar Londen. Vanwege de verbouwing van Amsterdam Centraal is er geen ruimte meer voor de douane. Het kan elf maanden duren voordat de treinen weer rijden vanuit Amsterdam, schrijft staatssecretaris Vivianne Heijnen (Infrastructuur) in een Kamerbrief.  ( 3 min )
    Problemen bij ING voorbij, klanten boos vanwege zoveelste storing in korte tijd
    ING is vrijdagmiddag opnieuw door een storing getroffen. Klanten van de bank kregen geen toegang tot de app en internetbankieren. Daardoor konden zij niet bij hun bankrekening en dus geen geld overboeken. De bank meldt iets voor 17.00 uur aan NU.nl dat de problemen verholpen zijn.  ( 4 min )
    UBS-topman waarschuwt voor pijnlijke besluiten na overname Credit Suisse
    Topman Sergio Ermotti van de Zwitserse bank UBS waarschuwt voor "pijnlijke" besluiten over het schrappen van banen na de overname van branchegenoot Credit Suisse.  ( 3 min )
    Personeel moet gemakkelijker bij concurrent aan de slag kunnen
    Werknemers krijgen straks meer ruimte om hetzelfde werk bij een concurrent te doen als hun dienstverband erop zit. Op dit moment zitten ze soms ten onrechte vast door een concurrentiebeding. Dat zit de doorstroom op de arbeidsmarkt in de weg, vindt verantwoordelijk minister Karien van Gennip.  ( 5 min )
    Twijfels over uitstoot methaan en lachgas: '1,5 gradendoel mogelijk onhaalbaar'
    Terwijl landen met horten en stoten proberen hun CO2-uitstoot terug te dringen, blijft er grote onzekerheid over andere broeikasgassen. Het is onduidelijk of we de uitstoot van gassen als methaan wel genoeg kúnnen verminderen om de opwarming van de aarde te beperken tot 1,5 graden, blijkt uit nieuw onderzoek.  ( 6 min )
    Heineken haalt reclameposters weg omdat modellen minderjarig lijken
    Bierbrouwer Heineken heeft vorige week posters en digitale afbeeldingen weggehaald nadat er klachten waren over de leeftijd van de modellen. Die leken veel jonger dan 25 jaar, en dat mag niet in reclames voor alcoholische drankjes.  ( 3 min )
    Klanten van ING boos vanwege zoveelste storing in korte tijd
    ING is vrijdagmiddag opnieuw getroffen door een storing. Klanten van de bank krijgen geen toegang tot de app. Daardoor kunnen zij niet bij hun bankrekening en is het overboeken van geld onmogelijk.  ( 3 min )
    Stakingen bij VDL Nedcar houden aan: personeel legt maandag 24 uur werk neer
    De onrust onder het personeel van autofabriek VDL Nedcar in het Limburgse Born houdt aan. De werknemers leggen maandag opnieuw 24 uur lang het werk neer. Later in de week volgen meer acties.  ( 3 min )
    China boort gat van maar liefst 11 kilometer in zoektocht naar meer olie
    China gaat een gat van meer dan 11 kilometer boren in de hoop daar meer fossiele energie te vinden. Zelden in de geschiedenis is er dieper geboord en voor de Chinezen is het zelfs een record.  ( 3 min )
    Wereldwijde voedselprijzen dalen naar laagste punt in twee jaar
    Prijzen van basisvoedsel als graan, zuivel en palmolie zijn vorige maand verder gedaald. Daardoor staan ze nu op het laagste niveau sinds april 2021. Dit komt onder meer door de verlenging van de graandeal tussen Rusland en Oekraïne en een betere oogst. De lagere prijzen kunnen ertoe leiden dat we straks minder kwijt zijn in de supermarkt.  ( 4 min )
    China boort dieper dan ooit in zoektocht naar meer olie
    China gaat een gat van meer dan 11 kilometer boren in de hoop daar meer fossiele energie te vinden. Zelden in de geschiedenis is er dieper geboord en voor de Chinezen is het zelfs een record.  ( 3 min )
    Loterijen en toezichthouder ruziën over 'illegale' online spellen
    De VriendenLoterij en de Nationale Postcode Loterij hebben een dwangsom gekregen omdat ze online spellen aanbieden zonder dat ze daar de juiste vergunning voor hebben. De loterijen zijn zich van geen kwaad bewust en hebben bezwaar aangetekend.  ( 3 min )
    Met nieuwe virtualrealitybril maait Meta het gras voor de voeten van Apple weg
    Facebook-moederbedrijf Meta heeft een nieuwe virtualrealitybril (VR-bril) aangekondigd. Dankzij camera's aan de buitenzijde van de Meta Quest 3, kunnen dragers voor het eerst de echte wereld door een VR-bril bekijken. Zo kun je met de bril nu virtuele meubels en bordspellen zien.  ( 4 min )
    Wereldwijde voedselprijzen dalen nog wat verder
    Prijzen van basisvoedsel als graan, zuivel en palmolie zijn vorige maand verder gedaald. Dat komt onder meer door de verlenging van de graandeal tussen Rusland en Oekraïne en een betere oogst. De lagere prijzen kunnen ertoe leiden dat we straks minder kwijt zijn in de supermarkt.  ( 3 min )
    Amerikaanse Senaat gaat ook akkoord met verhoging schuldenplafond
    Een meerderheid van de Amerikaanse senatoren heeft donderdag voor een verhoging van het schuldenplafond van de Amerikaanse overheid gestemd. Dit voorkomt dat de Verenigde Staten voor het eerst in de geschiedenis niet meer aan zijn betalingsverplichtingen kan voldoen.  ( 3 min )

  • Open

    US hiring jumped last month. So did unemployment. Here's what that says about the economy.
    The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool. The unemployment rate rose to 3.7%, from a five-decade low of 3.4% in April. The stronger hiring demonstrates the job market's resilience after more than a year of rapid interest rate increases by the Fed. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.  ( 8 min )
    Dell Earnings Crush Estimates, But Mixed Guidance Pressures the Stock
    Dell beat expectations despite continues macro headwinds. The company hinted that it is feeling more upbeat on the outlook for the 2023 second half.  ( 22 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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    Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
    Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. A reverse stock split consolidates the number of existing shares into fewer shares. Nikola, which closed at about 57 cents on Thursday, said last week it received a delisting notice from the stock exchange.  ( 6 min )
    Broadcom CEO Predicts That Chipmaker’s Sales From AI Will Double
    (Bloomberg) -- Broadcom Inc., one of the world’s biggest chipmakers, said that artificial intelligence spending is helping fuel sales, but not enough to offset a broader post-pandemic slowdown. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as L  ( 7 min )
    Chevron and Other Commodity Stocks Are Cheap. Time to Buy Soon.
    The Energy Select Sector SPDR ETF is down about 16% from a multiyear peak in late 2022, and the SPDR S&P Metals & Mining ETF is down about 30%.  ( 23 min )
    Who wins if the debt ceiling plan passes? Everyone. Here's why.
    Some may hate a lot in the debt ceiling package, but economists say the plan's actually a good compromise that'll benefit everyone. Here's why.  ( 9 min )
    Broadcom Delivers Beat-And-Raise Report Thanks To Data Center Chip Growth
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    Lululemon Stock Spikes On Strong Guidance, Earnings Beat
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    SentinelOne Stock Crashes On Revenue Miss, Weak Revenue Outlook
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    Tech stocks are booming in 2023 - but there are 3 specific names that investors should be paying attention to, analyst says
    No content preview
    Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF
    No content preview
    A Tech Mania Is Underway. Bullish Bets Are Exploding.
    Tech stocks are racing past the broader market today. Traders are rushing to play the move higher. The recent rally has been marked by heavy activity in bullish options tied to tech. Nvidia call options hit one of the highest levels on record in recent sessions, as did activity in the Technology Se  ( 21 min )
    Target could face hit from student loan payment restart, analyst warns
    Target continues to be in focus by market goers, now for a new reason.  ( 8 min )
    Apple Stock Is Near a Record High. What Could Get It There.
    Investors in the iPhone maker will be watching for any exciting business updates during the Apple's Worldwide Developers Conference next week.  ( 22 min )
    Dell Technologies Crushes First-Quarter Earnings, Sales Targets
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    Dow Jones Rallies As Schumer Makes Debt-Ceiling Push Despite Snag; Dollar General Stock Craters
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    Why C3.ai CEO Tom Siebel Is ‘Declaring Victory’ Despite the Stock’s Earnings Selloff
    The AI software play's shares have been fluctuating wildly. But the CEO says the path ahead looks great.  ( 22 min )
    3M, DuPont to Pay $100 Million to End Georgia Lawsuit Over Polluted Drinking Water
    (Bloomberg) -- 3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more than $100 million to resolve a Georgia city’s lawsuit claiming the chemicals polluted its drinking water, according to a person familiar with the matter.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Pas  ( 8 min )
    Ford Motor Co sues Blue Cross Blue Shield in antitrust case over ‘astronomical’ profit
    Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees. The lawsuit Ford filed in Detroit federal court accused the insurer and its regional Michigan branch of unlawfully dividing up parts of the country in a scheme to reduce competition with each other in order to drive "astronomical profits." The allegations from Ford, employing more than 170,000 workers worldwide, relate to a $2.7 billion settlement that Blue Cross Blue Shield Association and its three dozen member companies reached in 2020 with corporate and individual policy holders in Alabama federal court.  ( 7 min )
    What's Going On With Palantir Tech Stock Today
    Palantir Technologies Inc (NYSE: PLTR) stock grabbed eyeballs since its first-quarter beat and, more recently, with its collaboration with the Ukraine Ministry to support the defense and reconstruction of the country. The software company and cloud solutions provider will host its AI day on Thursday. The Thursday session volume surged to 46 million vs. the 100-day average of 51 million. However, Bear Cave slammed the software and cloud solutions provider co-founded by Peter Thiel and backed by t  ( 7 min )
    Sir Rod Stewart abandons talks to cash in on classic songs with public attack on bidder
    Sir Rod Stewart has abandoned a deal to seal his 60-year career in music by selling his song catalogue after negotiations with a controversial industry mogul turned sour.  ( 9 min )
    Breakout Watch: Tesla Stock Set To Plug Into New Buy Zone
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    Analyst Report: Nordstrom, Inc.
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    Analyst Report: Best Buy Co. Inc.
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    Market Update: BBY, JWN, NEWR
    No content preview
    Vanguard fined for providing misleading account statements to its customers
    Vanguard Group, the world's largest issuer of mutual funds, was fined and censured by the Financial Industry Regulatory Authority (FINRA) for errors appearing in about 8.5 million customer account statements. FINRA, Wall Street's self-regulatory organization, said in a filing signed last month by representatives of both parties that Vanguard overstated projected yield and projected annual income for nine money market funds from November 2019 to September 2020. "From at least October 2019 to June 2021, certain VMC account statements inaccurately presented market appreciation/depreciation and investment returns," the filing said.  ( 6 min )
    Millennials have been racing ‘against the clock’ to save thousands during the student loan payment pause: ‘It feels like I’ve gotten away with something’
    The student loan pause was the first break for millennials since they graduated into the Great Recession. Now, they're bracing for payments to restart.  ( 8 min )
    Rivian May Lose Nasdaq Spot After 90% Selloff, JPMorgan Says
    (Bloomberg) -- Shares of Rivian Automotive Inc., the money-losing electric vehicle startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from their record high, according to JP Morgan Securities.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBi  ( 7 min )
    Here's Why Both Warren Buffett And Jim Cramer Love Apple Stock
    Warren Buffett and Jim Cramer are talented in their own right. One is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. The other is the charismatic host of “Mad Money” on CNBC who has made numerous intriguing stock picks, to the extent that there are now exchange-traded funds (ETFs) designed both in favor of and against his recommendations. If you want to follow Buffett’s coattails, you can check out Berkshire Hathaway (NYSE: BRK  ( 9 min )
    Target Is Getting Hit Hard. Now Student Loan Repayments Are Threatening the Stock.
    J.P. Morgan analyst Christopher Horvers downgraded his rating on Target to Neutral from Overweight and cut his price target.  ( 22 min )
    Supreme Court rules against union in labor dispute involving truck drivers and wet concrete
    In a dispute about the pressure that organized labor can exert during a strike, the Supreme Court ruled Thursday against unionized drivers who walked off the job with their trucks full of wet concrete. The lone dissenter in the case, Justice Ketanji Brown Jackson, said the ruling would hinder the development of labor law and “erode the right to strike." Justice Amy Coney Barrett, writing for the majority, said the union failed to take reasonable precautions to protect the company's concrete when the drivers went on strike.  ( 7 min )
    2 Chip Stocks That J.P. Morgan Says Could Dominate the Critical AI Market
    Generative AI has been a popular investment theme this year.  ( 22 min )
    Macy's, Dollar General Plunge On Results, Outlook; Target Falls After Downgrade
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    Apple Savings Account Customers Say It’s Hard to Get Their Money Out of Goldman Sachs
    Some customers with Apple savings accounts, which are a partnership with Goldman Sachs, say it has taken weeks to withdraw money.  ( 28 min )
    A Price War Worked for Tesla. Could It Work for Boeing?
    Chief Executive Dave Calhoun explains why he isn't worried about ceding market share to rival Airbus.  ( 22 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    The main piece of this week involved the debt ceiling deal reached by the White House and House Speaker Kevin McCarthy. The deal has passed the House and now awaits approval in the Senate for the US to avoid a default. The chances of it passing are good, says Raymond James CIO Larry Adam, who is “generally optimistic about the passage of the deal,” while also noting that the “reduction in uncertainty will be a net positive for the equity market. In any case, Adam notes that through the whole deb  ( 10 min )
    The Student-Loan Freeze Is Ending. Prepare to Pay Up.
    After a three-year pause, borrowers will have to make monthly payments again starting Aug. 30.  ( 27 min )
    Dollar General Forecast Shows Just How Much Shoppers Are Hurting
    (Bloomberg) -- In case there was any doubt, the lower-income US consumer is in full retreat.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapBillionaire Perot Warns of Real Estate Recession as Loans Dry UpDollar General Corp.’s shares plunged the most since August 2016 after the discount retailer s  ( 8 min )
    Vanguard Fined for Misleading Money-Market Fund Customers
    The money manager sent statements with incorrect information about fund yields and income, according to the Financial Industry Regulatory Authority.  ( 28 min )
    Is Salesforce stock a 'table-pounder' after earnings sell-off? Wall Street reacts.
    Salesforce has a mixed quarter, leading to some mixed responses by Wall Street  ( 10 min )
    Help! I Made too Many IRA Contributions. How Can I Fix It?
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    Nvidia, Microsoft, and Other Tech Stocks Could Tumble. Don’t Sweat It.
    Big Tech valuations look reasonable when you factor in how quickly the powerhouse companies are growing earnings.  ( 22 min )
    Target Isn’t the Only Retailer Facing Anti-Pride Backlash
    First came Bud Light. Then Target. Now more companies are facing potential pushback from a segment of customers unhappy with their embrace of the LGBTQ community.  ( 22 min )
    Where Is the Most Lucrative Place to Put My Nest Egg Savings?
    A "nest egg" generally refers to retirement savings that you typically don't touch until you retire. It's the money you save for the future so that you have something to fall back on when you retire. Oftentimes, growing your nest … Continue reading → The post What Is a Nest Egg for Retirement? appeared first on SmartAsset Blog.  ( 10 min )
    Is $5 Million Enough to Retire Comfortably at 60?
    Retiring at 50 is a lofty goal that gives you plenty of time to pursue all the projects you couldn't get to in your career and make memories with friends and family. However, leaving the workforce 12 years before you … Continue reading → The post Is $5 Million Enough to Retire on at 50? appeared first on SmartAsset Blog.  ( 10 min )
    Friday's Jobs Report May Be A Game-Changer For The Fed, S&P 500. Here Are Four Reasons Why.
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    Stock futures edge up as House passes debt deal: Stock market news today
    Stocks rose Thursday after the House passed a bill to extend the U.S. debt limit.  ( 8 min )
    Dow Jones Futures Fall After Strong Jobs Data; C3.ai Crashes 19% On Earnings
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    Okta Stock Tanks. The Case Against Buying the Dip.
    J.P. Morgan downgraded its rating on the shares to Neutral from Overweight and its target price to $85 from $95.  ( 22 min )
    Dollar General Stock Plummets as Earnings Disappoint. What’s Behind the Miss.
    The retailer's first-quarter earnings of $2.34 per share were slightly shy of the $2.38 per share analysts expected.  ( 22 min )
    Tesla Quietly Increases U.S. EV Discounts; Elon Musk Doesn't Unveil New Model 3
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    Missed Your Shot To Buy Nvidia Stock? How To Jump In Now
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    Billionaire SPAC Kings Dragged to Court After Boom Goes Bust
    (Bloomberg) -- The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its last act on a different stage: the courtroom. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as Arnault’s LVMH SinksBillionaire Perot Warns of Real Estate Recession as Loans  ( 9 min )
    How Bernard Arnault made his money
    Following Arnault’s buyout of Boussac, the billionaire fired 9,000 people working for the company, sold off most of the group’s assets (except the Dior brand), and earned the nickname “the Terminator.”  ( 8 min )
    Macy's slashes expectations for the year after a pullback by shoppers in the spring
    Macy's slashed its outlook for the entire year with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation. Shares tumbled more than 10% before the opening bell Thursday and dragged other retailers down as well. Macy's reported net income of $155 billion, or 56 cents per share, far short of the 45 cents Wall Street was looking for, and a significant decline from the $286 million earned during the same period last year.  ( 6 min )
    Boeing’s CEO Doesn’t Need a New Plane. He Can Just Start a Price War.
    Chief Executive Dave Calhoun explains why he isn't worried about ceding market share to rival Airbus.  ( 22 min )
    Analyst Report: Chipotle Mexican Grill
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    Analyst Report: Southern Company
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    Boeing CEO 'not overly anxious' about Chinese narrowbody jet
    Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could foreshadow the end of the duopoly currently held by the U.S. planemaker and its European rival Airbus SE. On Sunday, China Eastern Airlines flew a C919 filled with passengers from Shanghai to Beijing - a milestone for manufacturer Commercial Aviation Corp of China (COMAC). Calhoun said the C919 is a "good airplane," but it will take a "long while" for COMAC to build the production capacity needed to meet Chinese airlines' demand.  ( 8 min )
    Daily Spotlight: June Jinx?
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: CMG, SO, HPE
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    OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
    OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance told Reuters. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude and supplies around 60% of the oil export market, meaning its policy decisions can have a major price impact. As the economic outlook worsened, several members of OPEC+ in April pledged voluntary cuts starting from May and to continue to the end of the year.  ( 8 min )
    Daily – Vickers Top Buyers & Sellers for 06/01/2023
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    Daily – Vickers Top Insider Picks for 06/01/2023
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    Richard Branson, billionaire founder of Virgin, shares the most useful skills for entrepreneurs
    The billionaire Virgin founder shared his top advice for budding founders.  ( 8 min )
    Analysis-US debt-ceiling deal dooms Biden's revolutionary tax plans
    U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday. The deal to cap discretionary spending and suspend the debt ceiling contains no tax rate changes to raise revenue; it also slashes new funding Biden had allocated to the hollowed-out Internal Revenue Service.  ( 8 min )
    The AI Boom Is Not Fully Priced in These 2 Stocks; Needham Analysts See Over 40% Upside Potential
    There’s really no hiding from AI anymore. Even if you don’t work with it professionally, chances are that AI has powered your search engine use, or you’ve at least tinkered with a chatbot like ChatGPT. Beyond that, AI is behind the targeted ads that we see on social media or Google; it tracks our internet and social media use, and selects ads accordingly. What this means for the future – of computing, of statistics, of data analysis, of marketing and advertising – hasn’t yet come fully into focu  ( 11 min )
    These Stocks Are Moving the Most Today: C3.ai, Salesforce, CrowdStrike, Okta, and More.
    What's moving most in the stock market today.  ( 23 min )
    Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
    (Bloomberg) -- A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in rupee assets that remain stranded outside the country, swelling the stockpile of capital it’s amassed abroad since the invasion of Ukraine.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as A  ( 9 min )
    Broadcom Is a Bellwether for Chips. Earnings Will Be Focused on AI.
    Wall Street expects revenue to grow 7% year over year in the latest quarter.  ( 22 min )
    Tech Stocks Like Microsoft and Nvidia Could Tumble. Don’t Sweat it.
    Despite a meteoric rise in recent months, the valuations of big tech stocks appear reasonable when you factor in how quickly they are growing earnings.  ( 22 min )
    Stocks Rise on China Data Surprise, Fed Pause Talk: Markets Wrap
    (Bloomberg) -- Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US default and investors weighed the prospect of a pause in rate hikes from the Federal Reserve this month.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’  ( 8 min )
    Here's why the $5 trillion piled up in money market funds might not flow back into the stock market
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    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 8% or More
    Saying ‘insider trading’ conjures up images of smoky back rooms and shady deals, but that’s only for the movies. In real life, insiders refer to corporate officers, such as CEOs, CFOs, COOs, and directors, who are responsible for running their companies profitably. They don’t take trading their own companies’ stocks lightly. While they may sell for various reasons, they only buy when they anticipate a rise in the share price. That makes the insiders’ trading moves one of the surest signs that in  ( 10 min )
    Oil falls after large surprise build in US crude stocks
    Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too. Brent crude futures for August delivery fell 40 cents, or 0.6% to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6%, to $67.70 a barrel. U.S. crude oil inventories rose by about 5.2 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday.  ( 7 min )
  • Open

    Telegraphic Transfer (TT): What It Is and How It's Processed
    A telegraphic transfer (TT) is an electronic method of transferring funds used primarily for overseas wire transactions.  ( 22 min )
    Top CD Rates Today, June 1
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Iridium Definition
    Iridium is a rare and expensive corrosion-resistant metal. Discover why iridium is used in the manufacture of aircraft, spark plugs, and tech devices.  ( 20 min )
    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 16 min )
    How the Banking Sector Impacts Our Economy
    The banking sector is an essential part of the U.S. and world economies, safeguarding assets and supplying credit to individuals and businesses.  ( 24 min )
    Fixed Interest Rate: Definition, Pros & Cons, vs. Variable Rate
    A fixed interest rate remains the same for a loan's entire term, making long-term budgeting easier. Some loans combine fixed and variable rates.  ( 23 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 16 min )
    Dollar General Shares Plunge as Inflation Hits Customer Spending
    Dollar General profit, sales miss estimates as inflation hits customer spending, sending shares lower.  ( 16 min )
    Section 12D-1 Definition
    Section 12D-1 and its exemptions under the Investment Company Act of 1940 provide rules and limits on how investment funds can invest in each other.  ( 20 min )
    Is the Pound Worth More Than the Dollar?
    The price of one currency compared to another is not necessarily an indication of wealth, power, or strength.  ( 26 min )
    Administrative Services Only (ASO): Definition, Pros & Cons
    Administrative services only (ASO) is an agreement that companies use when they fund their employee benefit plan but hire a vendor to administer it.  ( 22 min )
    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 16 min )
    Construction Spending Increased in April For Second Straight Month
    April construction spending rose, though high mortgage rates are weighing down on construction of single-family homes which, ideally, should be in demand amid a lack of housing inventory.  ( 17 min )
    Forex: Should You Be Trading Trend or Range?
    In FX, it's not the price environment that decides this for you. Learn the differences to see which you prefer.  ( 22 min )
    Types of Stocks
    Understanding different stock categories can help you make better-informed investment decisions. Here are some stock types investors need to know.  ( 23 min )
    Swap Rate: What It Is, How It Works, and Types
    The swap rate is a special kind of interest rate that is utilized for the calculation of fixed payments in a derivative instrument called an interest rate swap.  ( 24 min )
    Wirehouse: What They are, Role in Economy
    A wirehouse is a term describing a full-service brokerage firm.  ( 19 min )
    Can a Creditor Seize My Retirement Savings?
    Whether a creditor can seize your retirement savings will depend on the type of account in which you are holding your money and the type of creditor.  ( 19 min )
    Student Loan Resumption Could Stifle Up To $5 Billion of Consumer Spending A Month
    When required payments on federally-held student loans resume this September, borrowers will have $5 billion a month less to spend on other things, putting stress on an economy already facing the prospect of a recession.  ( 17 min )
    EU Study Suggests Treating Crypto Assets As Securities. Is It a Win For SEC Chair Gensler?
    As the EU officially signs MiCA regulation into law, an EU Parliamentary study suggests crypto assets should be treated as securities by default. Is it vindication for SEC chair Gensler?  ( 17 min )
    Inflation-Adjusted Return: Definition, Formula, and Example
    The inflation-adjusted return is a measure that accounts for the return period's inflation rate.  ( 24 min )
    10 Questions All Financial Advisors Should Ask
    The questions financial advisors ask can help them build trust and better understand their client’s needs. Here are ten key questions to ask up front.  ( 24 min )
    World Economic Forum (WEF): Definition and History of Meeting
    The World Economic Forum (WEF) holds a yearly conference in Davos, Switzerland, for leaders in business and politics to discuss global issues.  ( 22 min )
    Winning the Lottery: Dream or Nightmare?
    Winning the lottery can be a dream come true and a nightmare. Understand the taxes and hidden costs when claiming your prize, and prepare ahead for possible missteps.  ( 28 min )
    Supreme Court Ruling Makes it Harder to Sue Over Direct Listing Stock Offerings
    A Supreme Court ruling has made it harder for investors to sue over direct listing stock offerings, potentially making them a more appealing option for companies going public.  ( 18 min )
    What You Need to Qualify for a Reverse Mortgage
    Reverse mortgages have two primary criteria—you must be at least 62 years old and you must own a significant amount of equity in your home.  ( 24 min )
    Meta Reveals New VR Headset, Preempting Announcement by Apple
    Meta Platforms Inc. unveiled its latest virtual reality (VR) headset Thursday, just days before Apple Inc. is expected to jump into the ring with its own augmented reality headset.  ( 17 min )
    Markets Up Midday on Debt Ceiling Vote, Jobs Data
    U.S. equities gained at midday on Thursday, June 1, 2023 following House passage of the debt ceiling bill.  ( 16 min )
    Tear Sheets: Definition and Examples in Finance, Vs. Prospectus
    Tear sheets are used to describe S&P's summary sheets for public companies in the days before the internet.  ( 19 min )
    Nordstrom Posts Unexpected Profit and Shares Rise
    Nordstrom reported a surprise quarterly profit and better-than-expected revenue.  ( 16 min )
    FHA's Mortgage Reduction Plan May Lower Monthly Borrower Cost Without Pricey Refinance
    Borrowers could lower their monthly mortgage payments without having to refinance at decades-high interest rates under a new proposal from the Federal Housing Authority.  ( 17 min )
    Personal Loan vs. Debt Consolidation Loan: What's the Difference?
    While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 21 min )
    Salesforce Shares Fall as Customers Watch Spending
    Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.  ( 16 min )
    Balance Transfer vs. Personal Loan: What's the Difference?
    Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 22 min )
    How Long Does Negative Information Stay on Your Credit Report?
    Although most negative information stays on your credit report for seven years, there are exceptions you should be aware of.  ( 24 min )
    Direct Public Offering (DPO): Definition, How It Works, Examples
    A direct public offering (DPO) is an offering where the company offers its securities directly to the public without financial intermediaries.  ( 26 min )
    Top Stocks for June 2023
    Southwestern Energy, Mirati Therapeutics, and First Solar are top US stocks Russell 3000 in June 2023 for value, growth, and momentum, respectively.  ( 23 min )
    Elon Musk Regains Title of World's Richest Person
    Elon Musk has once again become the world's richest person as a sputtering Chinese economy hurts Bernard Arnault's luxury goods empire.  ( 16 min )
    Today's Mortgage Rates & Trends - June 1, 2023: Rates Fall Again
    Rates on 30-year mortgages fell for a second day in a row, now down 36 basis points from Friday's high. All other purchase rates, except for 7/6 ARM loans, were also down.  ( 20 min )
    How Much Is Car Insurance for Teens?
    When you add a teen to your car insurance policy, you can expect to costs to rise. How much your car insurance rates will rise will depend on a number of factors.  ( 24 min )
    How the Divorce Process Works
    Divorce is hard. Here's a step-by-step look at how the divorce process works, from separations to filing the divorce petition to finalizing the judgment.  ( 24 min )
    House Passes Debt Ceiling Bill, Defusing Default Crisis
    A bill suspending the nation’s debt ceiling until 2025 is now in the hands of the Senate, a major step toward averting a government default that threatened economic catastrophe.  ( 17 min )
    What Is a Triggering Term in Advertising? Definition & Examples
    A triggering term is a word or phrase that requires the presentation of the terms of a credit agreement when used in advertising literature.  ( 22 min )
    5 Things to Know Before Markets Open
    The House sends the debt ceiling bill to the Senate and the ADP is expected to report private payroll job growth slowed in May. Here’s what investors need to know today.  ( 18 min )
    Lenders Made Fewest Home Loans Since 2000 As High Rates Stifle Mortgage Business
    The last time mortgage lenders did this little business, Bill Clinton was president, there was no such thing as an iPod, and a typical house cost $147,000.  ( 16 min )
    Credit Review: Definition, Purposes, How to Read Them
    A credit review is a periodic assessment of an individual’s financial profile, often used to determine a potential borrower's credit risk.  ( 24 min )
  • Open

    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 1 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 1 min )
    Markets Up Midday on Debt Ceiling Vote, Jobs Data
    U.S. equities gained at midday on Thursday, June 1, 2023 following House passage of the debt ceiling bill.  ( 1 min )
    Nordstrom Posts Unexpected Profit and Shares Rise
    Nordstrom reported a surprise quarterly profit and better-than-expected revenue.  ( 1 min )
    5 Things to Know Before Markets Open
    The House sends the debt ceiling bill to the Senate and the ADP is expected to report private payroll job growth slowed in May. Here’s what investors need to know today.  ( 1 min )
  • Open

    Opnieuw meer schone energie gebruikt vorig jaar
    Nederlanders hebben ook in 2022 meer schone energie verbruikt dan het jaar ervoor. Vooral het gebruik van zonnepanelen zit in de lift. Biomassa is juist minder verstookt en ook het gasverbruik - dat niet duurzaam is - is flink gedaald. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Hoe een rechter bedrijfseigenaar Sanderink buitenspel kan zetten
    Gerard Sanderink is in zeven maanden tijd bij twee van zijn bedrijven buitenspel gezet door de rechter. Hoe kan dit als de omstreden miljonair volledig eigenaar en bestuursvoorzitter van Strukton is en dat eerder van Centric was?  ( 7 min )
    Video | Bij deze bijzondere spirituele stroming zat Frits Philips (Aflevering 4)
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de vierde aflevering kijken ze naar de grote impact die Philips heeft gehad op Eindhoven. De komende weken zie je iedere donderdag vanaf 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Gokparadijs Macau draait weer op volle toeren
    De casino's van het Aziatische gokparadijs Macau draaien weer als vanouds. De omzet steeg in mei met maar liefst 366 procent tot 1,93 miljard dollar (1,8 miljard euro). Dat is het hoogste niveau sinds het begin van de coronacrisis in januari 2020.  ( 2 min )
    ECB-president Lagarde vindt inflatie nog steeds te hoog en zint op renteverhoging
    De inflatie in de eurozone is nog steeds te hoog, waardoor een strikter monetair beleid noodzakelijk is. Dat heeft president Christine Lagarde van de Europese Centrale Bank (ECB) donderdag gezegd.  ( 3 min )
    Video | Hoe de Philips-familie de wereld wilde verbeteren (Aflevering 4)
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de vierde aflevering kijken ze naar de grote impact die Philips heeft gehad op Eindhoven. De komende weken zie je iedere donderdag vanaf 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Melk, brood en eieren nog altijd flink duurder, 'maar geen reden tot paniek'
    De inflatie is afgelopen maand wéér gestegen, maar experts zien geen reden tot paniek. De dalende energiekosten en goede oogsten voorspellen dat de markt weer tot rust kan komen. Maar door vertragingen in de voedselketen betaal je in de supermarkt nog wel de volle mep.  ( 6 min )
    Bijna 12 procent meer loon voor twaalfduizend werknemers in zuivelindustrie
    Een meerderheid van de twaalfduizend werknemers in de Nederlandse zuivelindustrie gaat akkoord met de nieuwe cao. Dat betekent dat de lonen met bijna 12 procent omhooggaan en nieuwe stakingen definitief van de baan zijn.  ( 3 min )
    Gerard Sanderink ook geschorst als topman van bouwbedrijf Strukton
    Ondernemer Gerard Sanderink is langer geschorst als topman van bouwbedrijf Strukton. Rechters hebben het beheer over zijn aandelen in dat bedrijf en holdingmaatschappij Oranjewoud overgedragen aan iemand anders.  ( 2 min )
    Zelfstandige betaalt straks 225 euro voor arbeidsongeschiktheidsverzekering
    Zelfstandigen betalen straks gemiddeld 225 euro per maand voor een verplichte arbeidsongeschiktheidsverzekering. Dat verwacht minister Karien van Gennip (Sociale Zaken). Voor zelfstandigen met lagere inkomens valt de premie lager uit. Ook is het bedrag aftrekbaar van de belasting.  ( 3 min )
    NU+ | Dit wilden jullie weten over de pensioenwet: 'Hoe word ik gecompenseerd?'
    De Eerste Kamer stemde dinsdag in met de nieuwe pensioenwet. In het nieuwe stelsel wordt 1.500 miljard euro verdeeld in twintig miljoen persoonlijke pensioenpotjes. Daardoor gaat je pensioen sneller omhoog óf omlaag. Op het nieuwe pensioenstelsel werd op ons reactieplatform NUjij flink gereageerd. Veel NUjij'ers hadden hierbij de nodige vragen. Economieredacteur Thijs Rösken geeft antwoord.  ( 5 min )
    Grote ontslaggolf bij autofabriek VDL Nedcar: achttienhonderd banen weg
    Autofabriek VDL Nedcar gaat in november al een groot deel van het personeel ontslaan. Duizend werknemers en nog eens 800 uitzendkrachten die in Born in Limburg werken, moeten in het najaar vertrekken. Dat terwijl de fabriek nog tot maart 2024 MINI's maakt voor BMW.  ( 5 min )
    Meer scheepsbranden door stekkerauto's en illegale Russische boten
    Verzekeraar Allianz ziet dat er steeds meer branden zijn op schepen. Vorig jaar waren er ruim tweehonderd incidenten, het grootste aantal in tien jaar. Acht schepen gingen hierbij verloren. De oorzaak wordt onder meer gezocht in het groeiende transport van goederen met batterijen, zoals elektrische auto's.  ( 4 min )
    Zon- en windenergie groeien wereldwijd sneller dan ooit
    De wereldwijde capaciteit van duurzame energie groeit dit jaar naar verwachting met 440 gigawatt. Het is de grootste groei ooit, meldt energieagentschap IEA donderdag. Dat de groei versnelt, komt onder meer door subsidies, hoge prijzen voor fossiele energie en het dichtdraaien van de gaskraan door Rusland.  ( 4 min )
    Inflatie daalt bijna overal in Europa, maar niet in Nederland
    In bijna alle Europese landen stijgen prijzen steeds minder hard. Daarop is één uitzondering: Nederland. In ons land lopen prijzen juist weer harder op.  ( 3 min )
    Personeel distributiecentra AH stemt in met nieuwe cao: stakingen van de baan
    Het overgrote deel van de werknemers in de distributiecentra van Albert Heijn heeft ingestemd met de nieuwe cao. Stakingen zijn daarmee definitief van de baan, laten de vakbonden FNV en CNV donderdag weten.  ( 3 min )
    KPN verhoogt abonnementsprijzen met gemiddeld 3,17 euro per maand
    KPN vraagt vanaf 1 juli gemiddeld 3,17 euro meer per maand voor zijn internetpakketten. De telecomprovider verhoogt de prijs vanwege de hoog opgelopen inflatie.  ( 3 min )
    Elon Musk weer allerrijkste met net iets meer geld dan Louis Vuitton-miljardair
    Tesla-topman en Twitter-eigenaar Elon Musk is weer de rijkste persoon op aarde. Hij neemt het stokje over van Bernard Arnault, de Franse bestuurder van luxeconcern LVMH, bekend van kledingmerk Louis Vuitton en Moët & Chandon-champagne.  ( 3 min )
    Zon- en windenergie groeit wereldwijd sneller dan ooit
    De wereldwijde capaciteit van duurzame energie groeit dit jaar naar verwachting met 440 gigawatt. Het is de grootste groei ooit, meldt energieagentschap IEA donderdag. Dat de groei versnelt, komt onder meer door subsidies, hoge prijzen voor fossiele energie en het dichtdraaien van de gaskraan door Rusland.  ( 4 min )
    Amazon schikt voor 29 miljoen met toezichthouder in Amerikaanse privacyzaken
    Amazon heeft in de Verenigde Staten een schikking van omgerekend bijna 29 miljoen euro getroffen. Toezichthouder FTC had een zaak tegen het techbedrijf aangespannen. Amazon zou met zijn Ring-videodeurbellen en slimme Alexa-luidsprekers de privacy van gebruikers schenden.  ( 3 min )
    Inflatie blijkt hardnekkig, prijzen in mei harder gestegen dan in april
    Prijzen van goederen en diensten waren vorige maand 6,1 procent hoger dan een jaar eerder. Dat is een grotere stijging dan in april, toen de inflatie uitkwam op 5,2 procent. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    De ui wint steeds meer terrein in Nederland
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    VS-parlement keurt deal schuldenplafond goed en stemt voor verhoging
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    Robotadviseur vertelt starters welke hypotheek ze moeten nemen
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    Krapte op arbeidsmarkt blijft komende jaren groot
    De krapte op de arbeidsmarkt houdt de komende jaren aan. In sectoren als de zorg, ICT, techniek en het onderwijs is sprake van een structureel tekort aan personeel. Ook is er veel behoefte aan vakmensen vanuit het mbo, zoals loodgieters.  ( 5 min )
  • Open

    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 1 min )
    Salesforce Shares Fall as Customers Watch Spending
    Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.  ( 1 min )

  • Open

    C3.ai Tumbles on Underwhelming Sales Outlook After Rallying on AI Hype
    (Bloomberg) -- C3.ai Inc. plunged more than 15% in extended trading after providing a fiscal-year revenue outlook that fell short of analysts’ estimates, fueling concerns the artificial intelligence software company is not living up to the investor enthusiasm that has seen its stock price more than triple this year.Sales will increase 11% to 20% to a midpoint of $307.5 million in the fiscal year ending April 2024, the Redwood City, California-based company said Wednesday in a statement. Analysts  ( 7 min )
    Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit
    (Bloomberg) -- Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to generating higher profits instead. Investors are concerned.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’s Richest Person as Arnault’s LVMH SinksTh  ( 8 min )
    Investors are losing hope for a Fed pause and bracing for another interest-rate hike instead. Here's what 8 experts have predicted.
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    Tesla Of The Sea? How EV Tech Is Revolutionizing Boating
    The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats  ( 18 min )
    Real estate investors are retreating from the housing market at a record pace
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    AI Play UiPath Stock Clears Benchmark, Hits 80-Plus RS Rating
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    AI Stock Tumbles As C3.ai's Revenue Outlook Misses Estimates
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    Zscaler Stock Gets A Composite Rating Upgrade Day Before Earnings
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    C3.ai stock plummets after forecast disappoints
    C3.ai shares were punished by investors on Thursday after the company failed to deliver the kind of blowout numbers recently reported by some peers in the AI race.  ( 8 min )
    C3.ai stock plummets after Q1 earnings beat expectations
    C3.ai posted better than expected fourth quarter earnings on Wednesday, but shares of the company fell more than 12% in after hours trading.  ( 8 min )
    Elon Musk rang the alarm on house prices and commercial real estate this week. Here's why he's worried about a property disaster.
    Elon Musk expects residential and commercial property values to slide as higher interest rates, recession fears, and tighter lending take their toll.  ( 7 min )
    Salesforce Earnings Rise as Margins Grow
    Amid turnaround efforts, the company lifts its margin goals for the year.  ( 26 min )
    China EV Sales Eye A Rebound. Nio Stock Rises After Hitting New Low.
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    CrowdStrike Earnings Top Estimates, But Revenue Outlook Disappoints
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    Chewy Stock Soars as Earnings Top Estimates
    The pet-product retailer reported a surprise profit.  ( 22 min )
    Advance Auto Parts tanks 35% after slashing guidance and dividend
    Advance Auto Parts plunged 35% after cutting the company cut its dividend and slashed its full year guidance.  ( 7 min )
    Billionaire Cliff Asness Says Recession Is a Pretty Scary Risk, but Has Been Loading Up on These 2 Stocks
    Fears of a recession causing havoc to the markets are not reserved solely to the average investor. Even some of Wall Street’s most lauded stock pickers are worried about the implications. Citing an unnerving disconnect between the current positioning of stocks and bonds – essentially, the bond market pricing in a recession while stocks appear to factor in a more optimistic outlook – billionaire Cliff Asness thinks things could get hairy if a recession comes into play. “If inflation stays sticky  ( 10 min )
    Okta Results Easily Beat Estimates. Macro Concerns Send Stock Lower.
    The identity management software company posted April quarter results that topped guidance for sales and earnings.  ( 25 min )
    Dow cuts second-quarter revenue forecast on demand, pricing woes
    Dow had previously projected revenue for the ongoing quarter in the range of $11.75 billion to $12.25 billion. At a Bernstein conference, Dow flagged that demand in China continues to be "uneven", and said it witnessed lower-than-expected demand for home appliances and building materials in April. Weaker demand in other sectors affect Dow, which sells its products such as coatings and adhesives to industries ranging from automobiles and food packaging to electronics.  ( 6 min )
    Stocks slide as debt ceiling vote looms, jobs data stays hot : Stock market news today
    US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Elon Musk Reportedly Will Show Off New Model 3 With Tesla Stock Near Buy Point
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    Boeing Makes Self-Driving Air Taxi Acquisition. The Stock Is Down.
    The electric, autonomous air taxi start-up is now a wholly owned subsidiary of Boeing.  ( 22 min )
    Tesla Stock Cracked $200 Again. Is It Time to Take Profits?
    The question isn't so easy to answer. A look at the auto maker's stock charts can help.  ( 22 min )
    Intel Shares Rise on Upbeat Sales Forecast
    Intel was best-performing stock in the DOW after the company said current quarter revenue would be at the high end of its guidance.  ( 16 min )
    'You Should Be Extremely Worried': Jim Rogers Warns That The Next Bear Market Will Be The 'Worst In His Lifetime,' Suggests A Bigger Crash Than 2008. Here's What He Owns Now
    Stocks have climbed in 2023 after suffering through a bear market in 2022. But according to legendary investor Jim Rogers, the next downturn could be more painful. In a recent interview with Real Vision, Rogers explained why his outlook is so bleak. “[In] 2008, we had a bear market because of too much debt,” he said. “Look out the window since 2008, debt everywhere has skyrocketed.” And that does not bode well for investors. “It’s a simple statement that the next bear market will be the worst in  ( 8 min )
    Walmart is raising wages for pharmacists, opticians in healthcare push
    Walmart is raising wages for thousands of U.S. pharmacists and optometrists, the retailer said on Wednesday, part of its broader plan to expand primary care services across the country. The Bentonville, Arkansas-based chain said about 3,700 pharmacists would get a bump in pay starting on Wednesday, bringing their total annual average pay to more than $140,000, excluding bonuses and incentives. More than 4,000 opticians will also receive fatter paychecks, with their average hourly pay rising to more than $22.50 with this investment, Walmart executives wrote in a blog post.  ( 7 min )
    Debt deal would lift pause on student loan payments. That's great news for SoFi.
    The student loan moratorium has weighed on SoFi shares for nearly two years. Investors are betting that headwind may soon be out of the way thanks to the new debt ceiling deal.  ( 8 min )
    Nvidia’s CEO just gave a graduation speech about the future of work and said that A.I. won’t steal jobs but ‘someone who’s an expert with A.I. will’
    Nvidia CEO Jensen Huang urged businesses and workers to take advantage of A.I. to “supercharge” their performance.  ( 8 min )
    Advance Auto Parts stock craters on poor earnings, persistent challenges
    Advance Auto Parts continues to struggle amid higher costs and inflationary pressures, opening a door for its competitors.  ( 14 min )
    Amazon's Ring used to spy on customers, FTC says in privacy settlement
    The U.S. Federal Trade Commission filed a lawsuit on Wednesday against Amazon.com's doorbell camera unit Ring, according to a filing with the U.S. District Court for the District of Columbia. The FTC said Ring gave employees unrestricted access to customers' sensitive video data said "as a result of this dangerously overbroad access and lax attitude toward privacy and security, employees and third-party contractors were able to view, download, and transfer customers' sensitive video data for their own purposes."  ( 5 min )
    Target Stock Falls for 9th Day After Pride Merch Backlash
    Target said on May 24 that it had removed some Pride Month-related offerings and changed its LGBTQ-friendly merchandise assortment after a backlash.  ( 22 min )
    A Wave of Defaults—and a Recession—Is ‘Imminent,’ Deutsche Bank Forecasts
    A wave of corporate defaults is looming, with the U.S. expected to be hit harder than Europe, Deutsche Bank said in a Wednesday report. Its strategists forecast that credit losses will rise steadily this year, before picking up more sharply in 2024, when they expect a recession in the U.S. "Our cy  ( 20 min )
    The Case For Buying BUD Stock After Its Bud Light-Induced Tumble
    Nielson data through May 20 shows that Bud Light volume declines are continuing to accelerate, slumping 27.2%, compared with a 25% fall the prior week.  ( 22 min )
    Nvidia, Palantir and Other AI Stocks Sell Off With C3.ai Earnings Coming Up
    Software firm C3.ai reports earnings after the close Wednesday, one day after a 33% spike in the company's share price amid an investor frenzy for artificial-intelligence stocks.  ( 22 min )
    Microsoft Stock Gets 2 New Price Targets. What’s Behind the Moves.
    The first half of the year has been bright for Microsoft—and Wall Street is paying close attention.  ( 22 min )
    Analyst Report: HP Inc
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    Analyst Report: American Electric Power Co Inc
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    Stocks slide amid strong jobs data, looming debt ceiling vote: Stock market news today
    US stocks traded down Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Exxon shareholders soundly reject all climate-related petitions
    Exxon Mobil Corp. shareholders on Wednesday overwhelmingly supported the company's views on climate reports and strategies, rejecting proposals for report on methane, greenhouse gas reporting and oil-spill preparations by a wide margin. None of the initiative proposals received more than 36% of votes cast, according to early results at the online shareholder meeting. Results showed a lessening of support for proposals designed to strengthen oil and gas firms contributions to tackling climate change.  ( 7 min )
    Market Update: AEP, DKS, HPQ
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    Advance Auto Parts tanks 33% after slashing guidance and dividend
    Advance Auto Parts plunges more than 30% after cutting its dividend and slashing its full year guidance.  ( 7 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 18 min )
    Ask an Advisor: I'm 31, Make $80k Per Year and Have About $250k in Assets. Should I Switch to a Roth 401(k)?
    My company provides both a traditional and Roth 401(k) option. My question is whether I should contribute to a traditional 401(k), Roth 401(k) or a mix of both. I am 31 years old, single and live in San Francisco. My … Continue reading → The post Ask an Advisor: I'm 31, Make $80k Per Year and Have About $250k in Assets. Should I Switch to a Roth 401(k)? appeared first on SmartAsset Blog.  ( 9 min )
    Nvidia Stock Is Overbought and Due to Fall. Just Look at the Charts.
    The boom in chip maker's stock has Wall Street wondering where they will go next. Technical analysis is a good place to start figuring that out.  ( 22 min )
    Salesforce Earnings Are Coming. Can It Top the First Quarter?
    Software giant Salesforce had a blockbuster January quarter. It reports earnings for the April quarter on Wednesday, after the market closes.  ( 22 min )
    Nvidia Is the New Tesla, the ‘Dean of Valuation’ Says. It’s Time to Cash Out.
    NYU's Aswath Damodaran explains why Nvidia doesn’t belong in the trillion-dollar club.  ( 23 min )
    Tesla Just Made This Unknown Family $1.2 Billion
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    Occidental Petroleum and Warren Buffett: What's Going On
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    Toyota to invest $2.1 billion more in N.C. battery plant, will build big SUV at factory in Kentucky
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    These 2 “Strong Buy” Penny Stocks Could Surge 200% (or More), Says Wedbush
    Investors are constantly looking for stocks that will yield massive returns. That being said, finding these stocks can seem like an overwhelming task. Not to mention it can be expensive. Some of the most well-known names like Amazon and Alphabet can put you out thousands of dollars for just a single share. However, snapping up stocks with strong long-term growth prospects doesn’t have to cost you your entire savings. Defined these days as stocks priced under $5 per share, the penny stocks offer  ( 10 min )
    FDIC: US bank deposits dropped by most in 39 years to start 2023
    The regulator said thousands of banks lost $472 billion in deposits during the first quarter, the biggest drop since it began collecting such data in 1984.  ( 9 min )
    US STOCKS-Wall St falls ahead of debt ceiling vote; Fed hike worries persist
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    NEW YORK (Reuters) -JPMorgan Chase & Co's former general counsel Stephen Cutler wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of Chief Executive Jamie Dimon seen by Reuters. The largest U.S. bank faces lawsuits seeking damages by women who claim that Epstein sexually abused them, and by the U.S. Virgin Islands, where the late financier had a home. Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge.  ( 7 min )
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    Advance Auto Parts, HP Enterprise, Twilio, and More Stock Market Movers
    AI remained in focus Wednesday, playing a role in some of the day's notable moves.  ( 23 min )
    America’s national beer could soon be Mexican as Memorial Day weekend sales drop plunges Bud Light further into crisis
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    Dow Jones Futures Fall Ahead Of House Debt Ceiling Vote; Hot AI Stock C3.ai Dives Ahead Of Earnings
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    Warren Buffett Is Buying More Occidental Petroleum Stock As Oil Prices Near 2023 Lows
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    Vaccine Fatigue Can Give Your Portfolio a Booster
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    I got rich in Russia and got out in time, twice. Here’s what I learned about democracy and free markets
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    Twilio Stock Climbs on Report of Activist Investor Pressure
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    US stock futures drifted downward Wednesday morning as investors kept a watchful eye on the debt-limit deal ahead of the House floor vote. However, China’s economic woes pressured global markets.  ( 8 min )
    Advance Auto Parts cuts full-year profit guidance as costs weigh
    The company also cut its full-year sales forecast and quarterly cash dividend. "We expect the competitive dynamics we faced in the first quarter to continue, resulting in a shortfall to our 2023 expectations," Chief Executive Officer Tom Greco said in a statement.  ( 7 min )
    Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
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    Economic fears to cap oil prices below $90 through 2023: Reuters poll
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    Move Over, Scotland. U.S. Oil Enters World’s Most Important Benchmark.
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    Daily – Vickers Top Buyers & Sellers for 05/31/2023
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    ‘Red-blooded capitalist’ Jamie Dimon defends JPMorgan’s straddling of the U.S. and China: There ‘won’t be a decoupling and the world will go on’
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    Credit Suisse bankers leaving by the hundreds every week - sources
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    Nvidia founder Jensen Huang warns about China's resolve to build its own advanced semiconductors
    Nvidia founder and CEO Jensen Huang Jen-hsun said China's ability to catch up in chip technology should not be underrated, as the country pours massive resources into shoring up the sector amid mounting export restrictions by the US and its allies. The world's most valuable chip maker, which has been barred by Washington from selling its most advanced chips to customers in China, must "run very fast" to stay competitive, Huang told reporters at a round table at Computex Taipei, an annual technol  ( 8 min )
    Stocks Fall on China Economy Worries; Bonds Gain: Markets Wrap
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    Here’s a Strategy to Bet on Nvidia Without Buying the Stock
    Here’s an options strategy for aggressive investors who want to harness Nvidia’s surge.  ( 22 min )
    Meet the average American millennial, who's a parent and homeowner with a net worth of $128,000 and hoping for student-debt relief
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    Everywhere You Look in China Are Signs of More Market Misery
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    These are the 10 best performing AI stocks so far this year
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    Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
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    Summers Sees Higher Fed Interest Rates, Increased US Taxes
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    Dow Jones Futures: AI Stock Goes Vertical With Earnings Due; Tesla Near Buy Point
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    Oppenheimer Sees Over 50% Gains in These 2 Stocks — Here’s Why They Could Soar
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    4 reasons why the current rally in stocks could become the most hated bull market in history
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  • Open

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    Top CD Rates Today, May 31
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    Klarna: What It Is and How Its Buy Now, Pay Later Service Works
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    Dow Jones Today: Intel Soars While Index Dives
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    Statutory Debt Limit
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    Markets Fall Ahead of Key Debt Ceiling Vote
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    Hewlett Packard Shares Sink After Enterprise Misses Sales, Guidance Estimates
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    What Burst the Mississippi Bubble?
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    Who is Adriana Kugler?
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    What Is the Illusion of Control Bias?
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    A History of Bitcoin Hard Forks
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    Is Twitter Really Worth A Third of What It Was Before Musk Bought It?
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    What You Need To Know About Wildfires and Insurance
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    Markets Down Midday Ahead of Debt Ceiling Vote
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    Can Nvidia's AI Bets Support a $1 Trillion Market Cap?
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    Personal Consumption Expenditures (PCE): What It Is, Measurement
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    5 Things to Know Before Markets Open
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  • Open

    Merendeel ExxonMobil-aandeelhouders wijst dwingende klimaataanpak af
    Het merendeel van de aandeelhouders van ExxonMobil heeft voorstellen afgewezen om het Amerikaanse olieconcern te dwingen meer te doen voor het klimaat. ExxonMobil heeft als enige van de vijf grote westerse oliemultinationals geen klimaatdoelstelling voor 2030.  ( 3 min )
    Je energiecontract opzeggen is vanaf vandaag veel duurder
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    Slachthuizen onder verscherpt toezicht vanwege 'structurele dierenmishandeling'
    Slachthuizen komen onder verscherpt toezicht te staan om de "structurele dierenmishandeling" in de sector tegen te gaan. Dat heeft minister Piet Adema (Landbouw, Natuur en Voedselkwaliteit) woensdag gezegd in de Tweede Kamer.  ( 3 min )
    Hard oordeel over KLM: regels voor staatssteun niet nageleefd
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    KLM houdt zich niet aan voorwaarden voor staatssteun volgens controleur
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    Inflatie daalt verder in Duitsland en Frankrijk, maar voedsel blijft duur
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    Air New Zealand wil passagiers wegen voor het instappen
    Luchtvaartmaatschappij Air New Zealand weegt sinds deze week voor vertrek passagiers op internationale vluchten. Het bedrijf wil zo het gemiddelde gewicht van de reizigers achterhalen.  ( 3 min )
    Salarissen steeds verder omhoog; gemiddeld 7 procent erbij dit jaar
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    Kosteloos geld opnemen en voldoende geldautomaten worden bij wet geregeld
    Minister Sigrid Kaag van Financiën werkt aan wetgeving om de toegang tot contant geld veilig te stellen. Deze wet gaat de huidige vrijblijvende afspraken met banken vervangen.  ( 3 min )
    Je energiecontract opzeggen is vanaf morgen veel duurder
    Wie wil wisselen van energieleverancier kan vanaf morgen weleens fors duurder uit zijn. Dan gaan nieuwe regels in voor het opzeggen van vaste energiecontracten, waardoor consumenten flink de portemonnee moeten trekken. Voordeel is dat er weer verschillende vaste contracten zijn waar je uit kunt kiezen.  ( 5 min )
    Historisch hoogtepunt voor lonen: gemiddeld met 7,8 procent omhoog in mei
    De lonen in nieuwe cao's zijn in mei gemiddeld met 7,8 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april 5,2 procent bedroeg.  ( 3 min )
    Wat wil jij nog weten over het nieuwe pensioenstelsel? Stel hier je vragen
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    Tweede Kamervoorzitter Bergkamp roept Twitter op bedreigingen aan te pakken
    Tweede Kamervoorzitter Vera Bergkamp roept Twitter op om belediging en bedreiging van Tweede Kamerleden aan te pakken. Het sturen van bedreigende en gewelddadige tweets naar Kamerleden is in veel gevallen strafbaar.  ( 3 min )
    Turkse lira zakt naar nieuw dieptepunt ten opzichte van euro en dollar
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    Vragen afvuren op ChatGPT kan in Nederland nu ook via iPhone-app
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    Het loopt geen storm met subsidiepotje voor nieuwe elektrische auto
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    Financieel stelsel is ondanks inflatie weerbaar, wel vrees voor recessie
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    Banken gaan gerichter speuren naar witwaspraktijken
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    Fabriek ter vervanging van Gronings gas wordt 1 oktober in gebruik genomen
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    Was het stelsel echt aan vervanging toe? Vijf vragen over het nieuwe pensioen
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  • Open

    Dow Jones Today: Intel Soars While Index Dives
    The Dow Jones Industrial Average fell about 0.4%, or 134 points, ahead of a key vote in the House of Representatives to extend the U.S. debt limit.  ( 1 min )
    Markets Fall Ahead of Key Debt Ceiling Vote
    Stocks fell on Wednesday, May 31, 2023 as investors await the outcome of a vote in the House on a bill to raise the debt ceiling and avoid default.  ( 1 min )
    Markets Down Midday Ahead of Debt Ceiling Vote
    Markets were down in midday trading on Wednesday, May 31, 2023 ahead of key vote on raising U.S. debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    The House is set to vote on the debt ceiling deal and the Labor Department is expected to report fewer job openings. Here’s what investors need to know today.  ( 1 min )
    Markets Mixed on Concerns Debt Ceiling Deal Might Not Pass
    The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval  ( 1 min )
    Dow Jones Today: Index Down on Debt Ceiling Jitters
    Hopes of a debt ceiling deal were rattled after some Republican lawmakers expressed opposition to the agreement, helping send the Dow Jones Industrial Average lower by 0.15%, or 50 points.  ( 1 min )
  • Open

    Intel Shares Rise on Upbeat Sales Forecast
    Intel was best-performing stock in the DOW after the company said current quarter revenue would be at the high end of its guidance.  ( 1 min )
    Hewlett Packard Enterprise Misses Sales and Guidance Estimates
    Hewlett Packard Enterprise misses sales and guidance estimates, sending shares lower.  ( 1 min )
    Is Twitter Really Worth A Third Of What It Was Before Musk Bought It?
    Twitter, now X Holdings Corp., is a private company but a Fidelity investment fund cut the valuation of its holding, implying the company is worth 33% of Musk's purchase price.  ( 1 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 1 min )
    Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
    Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.  ( 1 min )

  • Open

    Berkshire Owns About 25% of Occidental After Fresh Buys
    Berkshire Hathaway bought 4.7 million shares in recent days and now owns 222 million shares of the energy company worth $13 billion.  ( 22 min )
    Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
    Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. Now, some mainland China tech business owners say they need to go further and gain permanent residency or citizenship abroad to avoid the curbs on and the biases against Chinese companies in the United States.  ( 8 min )
    Russia and Saudi Arabia are at odds after a flood of Russian oil supply pushed the commodity's price below a key break-even level needed to fund Saudi projects
    Economic advisors have privately warned Saudi senior policy makers that the kingdom needs higher oil prices to fund a slew of megaprojects.  ( 8 min )
    Despite Nvidia's rally, some say the stock is actually cheaper
    NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp's blistering rally in recent days, the chip developer's valuation has actually fallen, at least by one measure widely used by analysts and investors. Nvidia now trades at around 45 times Wall Street's average earnings estimates for the next 12 months - a popular measure known as the forward price/earnings (P/E) ratio. While investors rushed to buy Nvidia's stock in recent sessions, its P/E multiple has fallen simply because Wall Street's earnings expectations for the company rose even faster than its share price.  ( 8 min )
    Prepare for more stock-market jitters after the debt-ceiling deal, Morgan Stanley warns
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    Just 5 stocks including Nvidia account for 96% of the S&P 500’s gains this year
    The S&P's comeback this year gets only two cheers. A few big stocks are overperforming, while the rest of the market reflects the reversal of a historic earnings blowout.  ( 9 min )
    Warren Buffett and Goldman Sachs Have One Thing in Common: They Both Like These 3 Stocks
    Some people’s exploits in their chosen profession transcend beyond the industry they operate in – making them household names. It’s pretty safe to claim that even those not interested in the investing world are familiar with Warren Buffett. Buffett embodies the term ‘legendary investor’ probably more than any other and considering his decades of almost unrivalled stock picking success, it’s a thoroughly deserved epithet. For those looking to emulate a fraction of Buffett’s success, get ahead of  ( 11 min )
    HP Enterprise Stock Slides as Revenue Comes in Light
    HP Enterprise reported mixed results for the April quarter, but it sees a big opportunity ahead in the need for high-powered systems to AI models.  ( 22 min )
    HP earnings beat despite another quarterly slump in PC sales
    HP Inc. managed to beat on earnings amid a focus on managing its costs.  ( 9 min )
    Bud Light sales decline sends ABInBev shares sliding
    As beer drinkers flock away from Bud Light, investors are losing their taste for InBev stock.  ( 9 min )
    Dow Jones Leader Cisco Eyes Buy Point; AI Stock Arista Is Breaking Out Today
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    Short seller Jim Chanos rolls his eyes at AI hype as Nvidia signals it may sell new shares to eager investors
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    Getting rich is ‘surprisingly simple’ if you follow a 3-step strategy, says an expert on self-made wealth
    There will always be a limit to how many expenses you can cut. But there’s no limit to how much you can earn.  ( 9 min )
    What's Going On With Intel Stock Tuesday
    Intel Corp (NASDAQ: INTC) stock is up Tuesday in sympathy with Nvidia Corp's (NASDAQ: NVDA) AI-driven rally. Over the past decade, Nvidia beat Intel to become America's most valuable semiconductor company. Advanced Micro Devices, Inc (NASDAQ: AMD) stole market share while Intel struggled with repeated delays in launching new chips. Interestingly, Intel CEO Pat Gelsinger flagged severe issues regarding leadership, people, methodology, and more for the chipmaker's fall from the leading chipmaker p  ( 7 min )
    Microsoft's valuation could surge $300 billion with ChatGPT and AI set to transform its business, Wedbush says
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    The Argus ESG Model Portfolio
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    CHPT Stock Soars As EV Charging Network Called 'Best-In-Class' Ahead Of Earnings
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    Analyst Report: Deere & Co.
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    Debt Ceiling Deal Would End Freeze on Student Loan Payments. Sofi Stock Jumps.
    The debt-ceiling agreement struck over the weekend would reinstate government student loan repayments.  ( 22 min )
    Market Update: DE, PWR
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    Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions
    Pop quiz: True or False – Social Security retirement benefits are subject to income tax just like withdrawals from a traditional IRA account. If you answered "False," you're smarter than more than 60% of your fellow Americans nearing retirement. In … Continue reading → The post Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions appeared first on SmartAsset Blog.  ( 8 min )
    Brazil’s Credit Card Rates Climb to 450%, a Six-Year High
    (Bloomberg) -- Brazil’s credit card interest rates soared to their highest point in six years, adding to central bankers’ concerns about worrisome levels of household debt. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapNvidia Touches $1 Trillion Mark After Beating Riva  ( 7 min )
    Beyond Nvidia: Palantir and C3.ai Stock Soar as They Expand Their Push Into AI
    The market mania for AI plays continues.  ( 23 min )
    How a Janitor Built an $8 Million Fortune Without Touching Cryptos, Stock Options or Leverage
    Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend remembered him sitting at the exact same stool every morning. Don't Miss: Thanks to changes in federal law, anyone can inve  ( 7 min )
    ARK’s Cathie Wood Defends Missing Nvidia Rally: Tesla Is ‘Most Obvious’ AI Play
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    Billionaire Charlie Munger Reveals The Reason Berkshire Hathaway Is Sitting On $88 Billion in Cash
    The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hatha  ( 8 min )
    Tesla Model Y was the best-selling car worldwide in the first quarter
    According to a new report, Tesla scored a huge milestone on its path to ramping up global EV adoption — though the electric vehicle maker may have paid a big price for it.  ( 9 min )
    The best selling car in Q1? The Tesla Model Y.
    According to a new report - Tesla scored a huge milestone on its path to ramping up global EV adoption - though the electric vehicle maker may have paid a big price for it.  ( 8 min )
    Is Verizon A Buy With Consumer Rebound Still A Work In Progress?
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    What's Going On With Qualcomm Stock Tuesday
    Qualcomm Inc (NASDAQ: QCOM) stock traded higher Tuesday in sympathy with Nvidia Corp (NASDAQ: NVDA), buoyed by the AI rally. The leading smartphone processor maker described transitioning into an "intelligent edge computing" firm, said SVP Alex Katouzian at the Computex show in Taipei. It is betting on the AI frenzy calling for more computing power than the cloud alone can provide, especially when personal information is at stake, Bloomberg reports. Qualcomm, whose chips help smartphones harness  ( 7 min )
    Alibaba Stake Boosted: Hedge Fund Titans Go Shopping While Asia Peers Bow Out
    Michael Burry's bullish bets on stocks, including Alibaba Group Holding Limited (NYSE: BABA), followed stake boosts by other top hedge funds, including Moore Capital Management and Third Point LLC, in the first quarter. Asia-based firms, including Simon Sadler's Segantii Capital Management Ltd. and Alpine Investment Management Ltd., accounted for nearly half of Alibaba ADRs offloaded by the quarter's top 10 most prominent hedge fund sellers, Bloomberg cites 13F filings. The sole Asia-headquarter  ( 7 min )
    U.S. Crude Dips Below $70 Ahead of OPEC+ Meeting
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    Cathie Wood calls Nvidia stock 'overpriced' after missing 2023 rally
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    Is Google Stock A Buy Amid Artificial Intelligence Battle?
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    Nvidia touches $1 trillion market cap as chipmaker rides AI wave
    Nvidia has been on tear this year thanks to the tech industry's AI craze. The company's market cap hit $1 trillion on Tuesday.  ( 7 min )
    Plug Power plans $6 bln hydrogen projects in Finland
    Plug Power Inc, a U.S. maker of hydrogen fuel systems, said on Tuesday it aims to build three plants in Finland costing some $6 billion to produce green hydrogen and ammonia for the European market. The company said it was in talks with potential financial investors and debt providers and aims to find industrial partners to secure offtake for its planned production ahead of a final investment decision in 2025 or 2026. Plug had spent two years searching around the world for the right locations, CEO Andy Marsh told Reuters on the sidelines of a presentation in Helsinki.  ( 7 min )
    Seeking at Least 15% Dividend Yield? Raymond James Suggests 2 Dividend Stocks to Buy
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    EUR/USD Forecast – Euro Bounces From Trend Line
    The euro initially plunged below a major trend line in the 200-Day EMA, only to turn around and show signs of life.  ( 7 min )
    How You Can Protect My Parents' Assets From Nursing Homes
    Long-term care for seniors is one of the biggest gaps in America's safety net. For many of us, as we get older we will require longer and better care. In some cases, this can mean a health aide or other … Continue reading → The post How to Protect Your Parents' Assets From Nursing Homes appeared first on SmartAsset Blog.  ( 9 min )
    How You Can Retire Comfortably at 65 With $4 Million
    Is $4 million enough to retire at 65? For most people, the answer is yes. But there are a lot of considerations and a good deal of planning to retire, regardless of how much you've saved. Everyone has different needs when … Continue reading → The post How to Retire at 65 With $4 Million appeared first on SmartAsset Blog.  ( 9 min )
    Is $4 Million Enough to Retire Comfortably on at 55?
    A $4 million nest egg will likely allow you to retire comfortably at age 55. The major challenge will be accumulating that much capital by 55 – about a decade before most people stop working. Other issues include the need to … Continue reading → The post Is $4 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 8 min )
    AI Stock Breaks Out Ahead Of Earnings; Is AI Stock A Buy Now?
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    The 'Magnificent Seven' tech stocks drive markets higher as AI mania grips investors
    AI hype is in full bloom in the US stock market. And the biggest names in the market are doing the heavy lifting pushing stocks higher.  ( 9 min )
    Broadcom’s AI Chip Deals Excite Wall Street. It’s About More Than Apple.
    KeyBanc Capital Markets analyst John Vinh raised his price target on the company ahead of its earnings this week.  ( 23 min )
    Buy Ford Stock, Says Analyst. The Gap Is an Opportunity.
    Ford stock got upgraded to Buy from hold by Jefferies analyst Philippe Houchois Tuesday. His price target went to $16 from $13 a share.  ( 22 min )
    Weekly Stock List
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    How Follow-On Buy Points Gave Additional Chances To Buy PayPal During Its 100% Run
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    With the debt ceiling over, here's the next problem for investors: Morning Brief
    The gaze of investors now turns to what the Federal Reserve may do in a few short weeks.  ( 8 min )
    Office Owners Dump Lesser Buildings for Whatever They Can Get
    New York City developers are starting to unload lower-quality buildings at deep discounts, cracking open a frozen real-estate market.  ( 22 min )
    Stock futures rise as debt deal faces next hurdle: Stock market news today
    US stock futures were tentatively higher on Tuesday morning, kicking off a shortened trading week amid hopes the hard-won deal-ceiling deal would get through a divided Congress in a matter of days.  ( 8 min )
    Analyst Report: Toll Brothers Inc.
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    Analyst Report: Emerson Electric Co.
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    Market Digest: ADSK, BSX, COST, EMR, LLY, TOL
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    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 18 min )
    Canary Wharf Debt Downgrade Is Sign of Wider Property Woes
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    Daily – Vickers Top Buyers & Sellers for 05/30/2023
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    Daily – Vickers Top Insider Picks for 05/30/2023
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    How Pfizer's First-Ever Approach In Hemophilia Treatment Paid Off
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    A 'Big Short' investor who called the 2008 housing-market collapse warns about another big threat to home prices
    Dave Burt told CNBC that the market is in for a 2008-level price correction if lenders don't start weighing the risk flooding poses to home values.  ( 6 min )
    State Farm has stopped insuring Californian homes because of their "catastrophe exposure"
    State Farm, the largest property insurer in the US, will no longer accept new applications for home insurance in California, citing the risks of apocalyptic wildfires as well as the exorbitant costs of construction.  ( 7 min )
    T. Rowe Price adding five more ETFs as demand for funds grows
    Tim Coyne, T. Rowe Price's global head of ETFs, said the company is expanding its exchange-traded fund offerings to better go after millennials.  ( 15 min )
    Stocks to Watch Tuesday: Tesla, Nvidia, AMD, Intel
    ↗️ Nvidia (NVDA), AMD (AMD), Intel (INTC) and Marvell Technology (MRVL): The chipmakers' stocks a  ( 20 min )
    The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly they’re hastening the long-feared recession
    The Fed's monetary squeeze "is aimed at a problem that’s over, and the effect from here will be to hammer consumer demand and economic growth," predicts Steve Hanke of Johns Hopkins.  ( 13 min )
    The return-to-office wars could end in a stalemate as we all reach the same conclusion about what the flexible future of work means
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    Nvidia set to become first US chipmaker valued at over $1 trillion
    Meta, valued at about $670 billion as of last close, clinched the trillion-dollar market capitalization milestone in 2021, while Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc are the other U.S. companies that are part of the club. AI took center stage after Nvidia stunned investors with a revenue forecast that surpassed analysts' expectations by more than 50%. The Philadelphia SE Semiconductor index closed at its highest in over a year last week after Nvidia's stellar results powered other chipmakers higher.  ( 6 min )
    Russians Relearn Black-Market Tricks to Get Their Money Out
    Outflows have kept up the pace this year, fueled by a deteriorating economy and the departure of men avoiding conscription.  ( 28 min )
    Tech booster Cathie Wood can’t stomach Nvidia’s soaring shares: they’re ‘priced ahead of the curve’
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    Qualcomm Says AI Will Demand More Power Than Just the Cloud
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    These Stocks Are Moving the Most Today: Nvidia, C3.ai, Palantir, Nutanix, Iovance Biotherapeutics, and More
    Stock futures were higher Monday after a deal was agreed to extend the U.S. debt ceiling for two years over the Memorial Day weekend.  ( 23 min )
    Russian rouble falls to one-month low as drones attack Moscow
    The rouble fell to a more than one-month low against the dollar on Tuesday as drones attacked Moscow and the Russian currency lost the support of a favourable tax period. Ukraine launched one of its biggest drone attacks on Moscow, according to Russia, whose defence ministry said all were destroyed approaching the city. Kyiv had no immediate comment, but has not publicly acknowledged launching attacks against targets inside Russia.  ( 6 min )
    5 big analyst picks: Ford and Coinbase riding high on upgrades
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Ford, Coinbase, Constellation Brands, Equitrans Midstream , and Boston Beer. Ford (NYSE:F) shares climbed nearly 3% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $13.00, as InvestingPro reported in real time.  ( 7 min )
    A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
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    Citigroup: cheap or hopeless?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Marketmind: Too soon to drink to the US debt deal
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    China’s Fading Recovery Reveals Deeper Economic Struggles
    Ballooning debt, tepid consumption and worsening relations with the West are set to weigh on future growth, economists say.  ( 28 min )
    Company Insiders Made Billions Before SPAC Bust
    Executives and early investors sold shares worth $22 billion through well-timed trades, profiting before share prices collapsed.  ( 31 min )
    Europe’s Unwanted Coal Heads to China and India as Heat Builds
    (Bloomberg) -- Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After Debt-Cap Deal  ( 7 min )
    China Stock Gauge Slumps 20% From 2023 Peak as Pessimism Abounds
    (Bloomberg) -- A key gauge of Chinese stocks was on track to enter a bear market as a weak economic recovery and tensions with the US left traders with little reason to buy. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After D  ( 7 min )
    Gold prices hover near 2-month low as US debt deal weighs
    Gold prices traded in a narrow range on Tuesday, hovering close to a recent two-month low, as optimism over a U.S. debt ceiling deal and reduced bets for a pause in the Federal Reserve's rate hike policy in June dented the metal's appeal. U.S. President Joe Biden said on Monday he feels good about prospects for passage by Congress of the debt ceiling deal that he reached with House of Representatives Speaker Kevin McCarthy. The high volatility events such as the U.S. regional banking crisis, and whether or not an agreement would be reached on raising the U.S. debt ceiling are now passing, "reducing the markets interest in gold as investors seek alpha," Michael Langford, director at corporate advisory AirGuide said.  ( 7 min )
    Too Rich for Cathie Wood, Nvidia Shares Stretch Valuation Limits
    (Bloomberg) -- It’s not every day that Cathie Wood labels a stock-market darling of the innovation economy too expensive.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After Debt-Cap DealBut Nvidia Corp.’s outsized jump has prom  ( 8 min )
    Asian stocks mostly higher as US debt deal revives confidence
    Asian stocks were mostly higher on Tuesday as investors cheered the prospect that the world's largest economy will avert a major debt default, improving sentiment across most asset classes. Australian shares were up 0.03% while the Nikkei stock index slipped 0.28%, cooling a bit after the Japanese benchmark hit a 33-year high on optimism over the U.S debt deal and a weaker yen, which helps the country's exporters. "The U.S had a poor resolution to the debt ceiling negotiations with still a huge increase in government debt and no real cuts to spending but has relieved pressure for now," said James Rosenberg, an advisor at broker Ord Minnett in Sydney.  ( 8 min )
    Oil rises on U.S. debt deal, but rate hikes, OPEC+ talks curb enthusiasm
    Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world's biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output quotas unchanged capped gains. U.S. West Texas Intermediate (WTI) crude rose 53 cents to $73.20 a barrel, up 0.7% from Friday's close. There was no settlement on Monday because of a U.S. public holiday.  ( 7 min )
    Treasuries, US Stock Futures Reflect Debt Progress: Markets Wrap
    (Bloomberg) -- Asian equities were poised for a cautious open Tuesday as White House and Republican congressional leaders stepped up lobbying to ensure Congress passes a debt-accord to head off a US default.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBide  ( 8 min )
    Arm Chief Pitches Chip Designer as AI Play in Buildup to IPO
    (Bloomberg) -- Semiconductor designer Arm Ltd. has found its calling card for the rest of the year as it builds toward a much-anticipated initial public offering: artificial intelligence.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forge De  ( 7 min )
    Cathie Wood says Nvidia too expensive, Tesla to benefit from AI boom
    Investing.com -- Cathie Wood, manager of the ARK Innovation exchange-traded fund (NYSE:ARKK), said on late-Monday that recent stock market darling Nvidia Corporation (NASDAQ:NVDA) was priced “ahead of the curve,” and that Tesla Inc (NASDAQ:TSLA) was positioned to benefit from recent breakthroughs in artificial intelligence.  ( 7 min )
    Treasury Bills Climb as Traders Bet Congress Will Pass Debt Deal
    (Bloomberg) -- Soon-to-mature Treasury bills rallied as trading resumed after the Memorial Day holiday, following a tentative deal over the debt ceiling which eased concerns of a US default. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forg  ( 7 min )
    The reason the stock market has stayed relatively stable amid economic chaos: computer-driven trading
    Quant funds, which use computer models to trade, are helping calm the markets at a time of uncertainty.  ( 8 min )
    Big Tech Rally Will Only Grow Further as Recession Worries Reign, Investors Say
    (Bloomberg) -- The Big Tech rally of this year has further to run as the risk of a US recession drives investors into stocks that offer profitable growth in lean times, according to the latest Markets Live Pulse survey.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-  ( 8 min )
  • Open

    Phi Ellipses Definition and Uses
    Phi ellipses is a little-known trading tool, drawn by a computer or trading software, used to detect price patterns, trends, and possible reversals.  ( 20 min )
    Birake (BIR) Definition
    Birake (BIR) is a cryptocurrency exchange platform that bills itself as the first "white label" cryptocurrency exchange. It appears not to have gained much support.  ( 22 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    Personal Loan Rates & Trends, Week of May 29: Rates Ease
    Personal loan rates eased this week, lowering the overall average by 34 basis points and dipping back below 21%  ( 17 min )
    The New York City Economic Tracker: May 8, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    What Happens After You Refinance a Car Loan?
    Refinancing a car loan can lower your interest rate and monthly payment, adjust your repayment term, or even allow you to access some of the equity.  ( 22 min )
    How Many Car Loans Can You Have?
    There is no limit to how many car loans you can have at one time. However, it might be difficult to qualify for more than one, depending on your financial situation.  ( 22 min )
    Top CD Rates Today, May 30
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    How Long After Bankruptcy Can I Get a Car Loan?
    Getting a car loan after bankruptcy isn't impossible, but it may take some time for your credit to improve enough to qualify for auto financing. Here's what you need to know.  ( 24 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )
    How Long Are Car Loans?
    The average length of a car loan is 72 months, which is six years. However, the length of car loans can vary from as short as 12 months to as long as 96 months.  ( 21 min )
    Loan-Level Price Adjustment (LLPA) Definition
    A loan-level pricing adjustment (LLPA) is a risk-based fee assessed to mortgage borrowers using a conventional mortgage. Learn how it works.  ( 21 min )
    Dow Jones Today: Index Down on Debt Ceiling Jitters
    Hopes of a debt ceiling deal were rattled after some Republican lawmakers expressed opposition to the agreement, helping send the Dow Jones Industrial Average lower by 0.15%, or 50 points.  ( 16 min )
    Is Living in Europe Cheaper Than Living in America?
    Discover the benefits of living in Europe and whether living there rather than the United States makes financial sense.  ( 20 min )
    Markets Mixed on Concerns Debt Ceiling Deal Might Not Pass House
    The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval  ( 16 min )
    How To Open an IRA in 2023
    Saving for retirement is crucial for financial stability and one of the best ways to do that is with an IRA. Learn how to open an IRA and start saving for retirement.  ( 26 min )
    GDP Per Capita Defined: Applications and Highest Per Country
    GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 24 min )
    Memorial Day Holiday Weekend Air Travel Exceeds Pre-Pandemic Level
    Airports had more passengers over the Memorial Day holiday weekend than before the COVID-19 pandemic.  ( 16 min )
    Debt Ceiling Deal: What Each Side Got
    Neither Democrats or Republicans got their most ambitious proposals, but each side came away with provisions that they're spinning as victories.  ( 18 min )
    Consumer Confidence Drops on Pessimism Over Current Conditions
    The Conference Board's index of consumer confidence fell in May, although not as much as economists expected.  ( 16 min )
    High-Net-Worth Individual (HNWI): Criteria and Example
    "High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.  ( 24 min )
    How to Trade Options on Robinhood
    Robinhood’s commission-free trading and easy-to-use platform have disrupted the brokerage industry. Come learn how to trade options on this groundbreaking platform.  ( 21 min )
    Actively Managed ETF: Meaning, Overview, Limitations
    An active managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation.  ( 22 min )
    What Is a No-Doc Business Loan And Is One Right for Your Business?
    A no-doc business loan can be a quick way for business owners to secure financing that they may not be able to access through a traditional bank loan.  ( 23 min )
    What Real Gross Domestic Product (Real GDP) Is, How to Calculate It, vs Nominal
    Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 29 min )
    How to Store Cryptocurrency in 2023
    If you are investing in crypto, keeping your crypto safe from cyberattacks is crucial. Learn how to store your cryptocurrency safely and keep your investment secure.  ( 25 min )
    How Does a Bank Account Debit Work?
    A debit to your account happens when you use funds to purchase goods or services. Learn more about the process that takes place when a debit occurs.  ( 22 min )
    How Long Are RV Loans?
    RV loans typically have longer terms that may be similar to a mortgage. Before getting an RV loan, you can estimate total loan costs based in part on the loan length.  ( 22 min )
    Gross Domestic Product (GDP): Formula and How to Use It
    Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 38 min )
    Top Cruise Line Stocks for 2023
    Carnival Corp., Norwegian Cruise Line Holdings, and Royal Caribbean lead cruise line stocks for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Wells Fargo CD Rates: May 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )
    How to Choose Health Insurance in 2023
    Buying health insurance can be a time-consuming process. We reviewed the best health insurance on the market so you can make an informed decision about your coverage.  ( 23 min )
    How to Invest in ESG in 2023
    Environmental, social, and governance, also known as ESG, is a more ethical way to invest. Learn how to invest in ESG and make a positive impact with your portfolio.  ( 24 min )
    Today's Mortgage Rates & Trends - May 30, 2023: Rates Hit New High
    Mortgage rates continue to soar, with the 30-year average adding another eighth of a percentage point to surpass the 20-year peak it reached in October.  ( 19 min )
    4 Problems With Costco's Business Model (COST)
    Read about some of the problems with Costco's business model. While the company has been successful, there are still several risks to consider.  ( 22 min )
    Preparing Clients for a Successful Wealth Transfer
    Financial literacy, communication, and confidence play a vital role in wealth transfer planning.  ( 22 min )
    What Does Your Advisor's Designation Mean?
    From the CFP to the CPA, do you know what your advisor's designation means?  ( 26 min )
    Home Price Declines Likely Over For Now, S&P Case-Shiller Says
    Home prices rose in March, a second consecutive month of increase, as low inventory fueled competition. And higher prices are here to stay for now, according to S&P Dow Jones analysts.  ( 16 min )
    How to Invest in AI in 2023
    AI isn’t science fiction anymore; it’s now a reality and a part of society. Learn how to invest in AI in 2023, and research the best AI stocks and ETFs on the market.  ( 24 min )
    Double-Cycle Billing Definition
    Double-cycle billing is a now-banned practice of billing credit card customers by charging interest on the average debt accrued over the last two months, instead of just for the current month.  ( 19 min )
    Nvidia Enters $1 Trillion Valuation Club
    Nvidia's market capitalization crossed $1 trillion in early trading Tuesday, adding it to the elite group comprising Apple, Amazon, Microsoft, and Google parent Alphabet.  ( 16 min )
    Financial Advisor: Overview, FAQ, How to Choose One
    Financial advisors are responsible for every aspect of their customer's financial life, from estate planning to tax planning to saving for retirement, and more.  ( 27 min )
    What Is Sequestration?
    Sequestration is a term adopted by Congress to describe a fiscal policy process that automatically reduces spending increases across most departments.  ( 22 min )
    Cryptocurrencies To Watch: Week of May 30
    This week’s cryptocurrencies to keep an eye on are NEO (NEO), SingularityNET (AGIX), IOTA (MIOTA), Conflux (CFX), and Arbitrum (ARB).  ( 20 min )
    Reexamining Our Perceptions About The Best Long Term Investments
    Stocks have fallen out of favor as Americans’ perception of the best long term investment according to a recent Gallup poll—even as the market is recovering from 2022’s losses. Michael Batnick and Ben Carlson of the Animal Spirits podcast, and Dr. Preston Cherry, founder of Concurrent Financial Planning, join the show to examine what wealth and retirement mean today, how that’s changed, and how to invest for the long term.  ( 18 min )
    Which Major Retailers Accept Buy Now, Pay Later?
    Buy now, pay later has become a popular way to make purchases online and in stores. Here’s a list of participating retailers for six major services.  ( 25 min )
    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 18 min )
    Treasury Investment Growth Receipts (TIGRs) Definition
    Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.  ( 21 min )
    How to Analyze Corporate Profit Margins
    Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.  ( 26 min )
    Negative Information
    Negative information is data in a consumer’s credit report that lowers their credit score or makes them look like a higher risk to lenders.  ( 18 min )
    Ultra-High-Net-Worth Individual (UHNWI): Definition and Criteria
    Ultra-high-net-worth individuals (UHNWIs) are people with at least $30 million in investable assets. Their ranks continue to grow globally.  ( 19 min )
    Fast-Moving Consumer Goods (FMCG) Industry: Definition, Types, and Profitability
    Fast-moving consumer goods (FMCG) are cheaper products that sell quickly such as milk, gum, fruit and vegetables, soda, beer, and common drugs like aspirin.  ( 23 min )
    The 5 Biggest Financial Advisory Firms in the U.S.
    Read about the five largest financial advisory services firms in the United States, including big names such as Vanguard and JPMorgan Chase.  ( 22 min )
  • Open

    Gevallen techmiljardair Elizabeth Holmes begint vandaag aan celstraf
    De voor fraude veroordeelde ondernemer Elizabeth Holmes heeft zich dinsdag bij de gevangenis in Texas gemeld. De Amerikaanse zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 4 min )
    Schiphol moet personeel beter beschermen tegen uitstoot vliegtuigen
    Schiphol moet zijn personeel beter beschermen tegen de schadelijke uitstoot van vliegtuigen, zegt de Nederlandse Arbeidsinspectie. De inspectie vindt dat de luchthaven er bijvoorbeeld voor moet zorgen dat vliegtuigen geen schadelijke stoffen meer uitstoten tijdens het taxiën.  ( 3 min )
    Alles wordt anders na de historische hervorming van het pensioenstelsel
    Het op een na beste pensioenstelsel ter wereld wordt ingeruild voor een nieuw pensioen als de Eerste Kamer er vandaag mee instemt. In het nieuwe stelsel wordt 1.500 miljard euro verdeeld in twintig miljoen persoonlijke pensioenpotjes en gaat je pensioen sneller omhoog of omlaag. Gaan we er wel op vooruit?  ( 7 min )
    Gevallen techmiljardair Elizabeth Holmes meldt zich vandaag bij gevangenis
    De van fraude beschuldigde ondernemer Elizabeth Holmes gaat dinsdag naar verwachting de gevangenis in. De Amerikaanse ondernemer zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 3 min )
    Boter, suiker en brood werden in half jaar flink duurder
    De prijzen voor basisboodschappen als brood, groenten en boter zijn in een half jaar met 15 procent gestegen. Uitschieter is de prijs van suiker, die met maar liefst 80 procent toenam.  ( 3 min )
    Werknemers in supermarkten kunnen rekenen op flinke loonsverhoging
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
    Hackers kunnen elektriciteitsnet platleggen via omvormers van zonnepanelen
    Doordat de omvormers van veel zonnepaneelsystemen makkelijk te hacken zijn, kunnen grote stroomstoringen ontstaan. Als kwaadwillenden veel panelen tegelijk uitzetten, is er plots te weinig elektriciteit op het stroomnet.  ( 3 min )
    Prijzen in Nederlandse industrie dalen voor het eerst in twee jaar
    Voor het eerst in twee jaar dalen de prijzen die Nederlandse industriebedrijven vragen voor hun goederen. De prijzen waren in april 2,3 procent lager dan in dezelfde maand vorig jaar.  ( 3 min )
    Hoger loon voor werknemers in de supermarkten
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
    Stakingen supermarkten haast uitgesloten: hogere lonen belangrijkste speerpunt
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
  • Open

    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 1 min )

  • Open

    Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
    (Bloomberg) -- As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd. in the first quarter of this year, other top hedge funds were also piling in. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap D  ( 8 min )
    Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees
    (Bloomberg) -- Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier  ( 13 min )
    Insiders Pour Millions Into These 2 Beaten-Down Stocks, and Analysts Say They Could Be Ready to Bounce Back
    Savvy investors will always be looking to pick up shares of undervalued stocks. That is, after all, the essence behind the slogan ‘buy low, sell high.’ The problem, though, lies in determining which stocks are merely temporarily languishing in the doldrums and are primed to pick up steam, rather than indicating that their depressed prices are just not worth the time of day. Of course, there are many ways to assess that scenario, and one simple strategy is to examine the actions taken by insiders  ( 10 min )
    Retail investors aren't buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
    No content preview
    Markets are sounding alarms on China's economy, but analysts say Wall Street is missing the big picture
    "That's the one big negative factor that I worry about more than all the other things that we have talked about. Why is private investment so weak?"  ( 7 min )
    Nvidia is not the only firm cashing in on the AI gold rush
    Selling specialist chips and infrastructure is becoming a trillion-dollar industry  ( 12 min )
    Arby's employee found dead in freezer had 'beat her hands bloody' trying to escape, lawsuit says
    The family of an Arby's employee who was found dead inside a walk-in freezer at a Louisiana restaurant is suing the owners for wrongful death and gross negligence.  ( 7 min )
    Crocs 'Ugly' Shoe Company Outperforming Tech Giants Microsoft, Amazon And Meta Platforms In The Stock Market
    The latest stock sensation might just be hiding in your shoe closet or even on your feet right now. Colorado-based company Crocs Inc. (NASDAQ:CROX) has quietly outperformed some of the biggest players in the market over the past five years, including tech behemoths like Microsoft Corp, Meta Platforms Inc., and Amazon.com, Inc. Don’t Miss: Thanks to changes in federal law, anyone can invest in EV startups The shoe company that was once a fashion faux-pas has been making investors happy over the l  ( 8 min )
    Big Tech stocks' massive gains this year have made them even more dominant. That could be bad news for investors.
    No content preview
    Long-Dated Treasury Futures Rally in Wake of Debt-Ceiling Accord
    (Bloomberg) -- Treasury futures linked to the 10- to 30-year part of the US government bond market rallied on light volume Monday, as traders looked ahead to an array of supportive factors that could come into play when trading resumes Tuesday after the Memorial Day holiday.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap  ( 7 min )
    Toronto Condo Investors Are Losing Money in a Bad Sign for Renters
    (Bloomberg) -- The majority of investors who took on mortgages in 2022 to pay for new Toronto condos have been losing money every month, a shift that could discourage future building in what is already one of North America’s tightest rental markets.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain  ( 7 min )
    Canada’s Largest Pension Bought Apple, and Sold Tesla and EV Stocks
    Canada Pension Plan’s manager scooped up Apple stock, and cut positions in Tesla, NIO, XPeng, and Li Auto in the first quarter.  ( 22 min )
    Charlie Munger Says US Nearing 'Mild' Recession, But It Won't Be 2008 All Over Again
    Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )
    Could the U.S. Default on June 5? It Depends
    It isn’t certain what happens on the so-called X-date if Congress doesn’t raise the debt limit.  ( 26 min )
    PayPal CEO wanted: must be able to reverse $293bn share price slump
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    10 Stocks to Play a Resurgent Energy Sector, From Our Roundtable Experts
    Our energy roundtable experts see value in U.S. shale stocks and European majors as global energy demand outstrips supply.  ( 83 min )
    Markets Mixed Ahead of Debt-Ceiling Vote
    Global stocks were mixed in thin trading Monday after a preliminary deal to raise the U.S. debt ceiling was struck between the White House and Republican negotiators.  ( 32 min )
    Can I Make Money Off a Passively Managed Index Fund?
    If you would like to invest in a financial asset with low operating costs, exposure to the broad market or a market sector and lower taxes, an index fund might be for you. You will find that you can use … Continue reading → The post How to Invest in Index Funds appeared first on SmartAsset Blog.  ( 10 min )
    Fidelity or Charles Schwab: I'm Looking For a Well-Established, Long-Term Broker. Which Is Better?
    As investing platforms, Charles Schwab and Fidelity make for a very apples-to-apples comparison. Both are long-standing brokerage houses with a history of financial management, personal advising and retail services. Both have introduced online trading platforms in the form of apps … Continue reading → The post Fidelity vs. Charles Schwab: Which Is Best? appeared first on SmartAsset Blog.  ( 11 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 40 Comfortably with $2 Million?
    Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: This Overlooked Asset Could Break Out in 2023. Is It Right For You?
    In the world of investments, perhaps none are less flashy than municipal bonds. If stocks and corporate bonds are the steak and roasted potatoes of your investment plate, municipal bonds are more like steamed brussels sprouts. But this overlooked asset … Continue reading → The post Morningstar Says This Overlooked Asset Could Break Out in 2023 appeared first on SmartAsset Blog.  ( 7 min )
    This Lucrative Asset Class Could Help You Build Wealth
    Value stocks may be the one asset class you must have in your portfolio for the next decade. After a decade-plus of underperformance and decline, value investing began to rebound in September 2020. While the emergence of the Delta variant … Continue reading → The post This Is the Asset Class You Want in Your Portfolio Over the Next 10 Years appeared first on SmartAsset Blog.  ( 9 min )
    JPMorgan analysts love these energy stocks — and give them at least 40% upside
    Not for nothing does the phrase “buy low, sell high” get overused. The best opportunities often arise following a pullback and the investment experts at JPMorgan are keen to point them out. They have been closely monitoring the energy market and are seeing a lot of promise in energy companies. The banking giant is showing a positive outlook on two specific energy stocks with the pair offering different value propositions. Both have been underperforming the market this, but JPM’s analysts are pro  ( 10 min )
    Whether in China or the U.S., Gen Z doesn’t want your low-paying jobs. Stagnant wages and stigma around blue-collar work keeps them jobless
    China and the U.S. are urging Gen Z to take on blue-collar jobs, but unless the sector has better pay and respect, Gen Z isn't all that interested.  ( 11 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Bitcoin drops below US$28,000, Tron’s deflation slows losses
    Bitcoin couldn’t maintain its Monday morning gains as the world’s largest cryptocurrency dropped below US$28,000 in the afternoon.  ( 7 min )
    US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman
    The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson.  ( 8 min )
    Stock Futures Rise as U.S. Nears Deal to Lift Debt Ceiling
    Futures tied to the Dow Jones Industrial Average rose 0.2%, while S&P 500 futures rose 0.3% and Nasdaq futures were up 0.5%. U.S. and U.K. markets are closed on Monday for public holidays.  ( 29 min )
    Turkish Lira Falls After Erdogan Wins Another Five Years in Power
    (Bloomberg) -- Turkey’s lira weakened after Recep Tayyip Erdogan won a presidential runoff election on Sunday, extending his time as the nation’s longest-serving leader in a tenure that has increasingly alienated foreign investors.Stocks rose and dollar bonds were mixed at the open as investors awaited appointment of a new economic team that he promised would have “international credibility,” hinting at a potential turn away from an unorthodox policy mix based on ultra-low interest rates and hea  ( 8 min )
    Adani has put India back in the world's top five stock markets list
    Last week’s stellar revival in Adani Group stocks has helped India reclaim its position among the world’s five largest stock markets.  ( 7 min )
    In the Market: Amid the calm, the Fed brews the next storm
    Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. Surprised by the persistence of inflation in the face of the fastest rate hike cycle since the 1980s, Kashkari and some other Fed officials have turned up the heat again in recent days, with a hawkish outlook on interest rates. In doing so, they may also be inadvertently setting the stage for the next market crisis and Fed intervention, in turn, undercutting the bank's policy tightening to fight inflation.  ( 7 min )
    ‘No one can predict how high they might go’: Wharton’s Jeremy Siegel says the A.I. boom is ‘not a bubble yet’ after Nvidia’s $184 billion rally
    Rosy guidance from chipmaker Nvidia last week helped spark the third-largest single-day jump in market value in U.S. history.  ( 8 min )
    Iraq Boosts Gold Reserves by 2% in Single Day in Gradual Buildup
    (Bloomberg) -- Iraq’s central bank boosted its gold reserves by about 2% in a single day last week as part of what it calls a gradual plan to stock up on the precious metal that’s seen as a traditional haven in times of economic distress.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’  ( 7 min )
    3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
    The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and Beijing's alliance with Russia amid the war.  ( 10 min )
    India files graft case against BAE Systems, Rolls-Royce
    NEW DELHI (Reuters) -India has filed a graft case against Britain's BAE Systems plc and Rolls-Royce Holdings for "criminal conspiracy" in the procurement and licensed manufacturing of 123 Hawk 115 advanced jet trainers, a document showed. The case is based on the findings of an investigation launched by India's Central Bureau of Investigation (CBI) in 2016, the federal police document dated May 23 said. BAE Systems and Rolls-Royce did not immediately respond to Reuters' requests for comment on Monday, which is a bank holiday in Britain.  ( 7 min )
    Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling
    (Bloomberg) -- Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe largest digital token added  ( 6 min )
    Thai economy resilient, on path to full recovery - Finance Minister
    Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia's second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital tourism sector. The economic recovery has been supported by a comprehensive and timely policy mix of fiscal and monetary policies, which respectively should continue to be implemented proactively and prudently, Arkhom Termpittayapaisith told a World Bank forum.  ( 6 min )
    Nvidia, MediaTek partner on connected car technology
    Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for infotainment displays.  ( 7 min )
    Saudi Net Reserves Fall to $410 Billion, Lowest Since 2010
    (Bloomberg) -- Saudi Arabia’s foreign reserves fell in April to the lowest in more than 13 years, in an apparent sign the kingdom hasn’t yet used last year’s $326 billion oil windfall to top up the central bank’s holdings. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’s Richest Man T  ( 7 min )
    India Reclaims Spot as World’s Fifth-Largest Stock Market
    (Bloomberg) -- India has reclaimed its spot as the world’s fifth largest stock market after losing that status to France in January, as foreign investors snap up the Asian nation’s shares.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Val  ( 7 min )
    Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets
    (Bloomberg) -- Baidu Inc. shares jumped in Hong Kong following reports that it will soon launch a large-language model to power its ChatGPT-Like app Ernie Bot. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe shares rose as much as  ( 7 min )
    Nvidia’s New AI Supercomputer Is a Game Changer. Google, Meta, and Microsoft Will Be First Users.
    Nvidia said Google, Meta, and Microsoft would be among the first companies to get access to its DGX GH200 supercomputer.  ( 22 min )
    Bear Market Looms for China Stocks in Hong Kong as Losses Mount
    (Bloomberg) -- A gauge of Chinese shares traded in Hong Kong inched closer to bear-market territory as a wobbling economic recovery, intensifying geopolitical tensions and a weaker yuan keep investors away.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline  ( 7 min )
    Why Are Markets So Calm? It’s Revenge of the Quant Funds
    Firms that use computers to determine buy and sell signals have been loading up while other investors sit back.  ( 30 min )
    Is the Stock Market Open Today? Here Are the Trading Hours for Memorial Day.
    U.S. investors will likely welcome a chance to grab some sunshine on the federal holiday.  ( 23 min )
    The AI Boom Runs on Chips, but It Can’t Get Enough
    A shortage of the kind of advanced chips that are the lifeblood of new generative AI systems has set off a race to lock down computing power and find workarounds.  ( 28 min )
    Commercial property’s big reset will present opportunities
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
    Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling. Tokyo, Sydney and Shanghai advanced while Hong Kong fell. The agreement on the U.S. debt eased what had been a potentially huge threat to markets worldwide.  ( 9 min )
    It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
    (Bloomberg) -- China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal miners.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 8 min )
    Bitcoin back above US$28,000 as cryptos rebound on US debt ceiling talks
    Bitcoin moved back above US$28,000 on Monday morning in Asia, leading a rally among all top 10 non-stablecoin tokens. Ether reclaimed the US$1,900 level.  ( 8 min )
    Gold prices slip on US debt limit deal, Fed rate-hike bets
    Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal. Hurting gold's appeal as a safe-haven asset, U.S. President Joe Biden said on Sunday he had finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025 and that the deal was ready to move to Congress for a vote. "The fact the odds of a hike were as low as 17.4% just over a week ago show how expectations for a Fed pause have been abandoned, helping the US dollar rise for a third week and weigh on gold prices," City Index senior market analyst Matt Simpson said.  ( 7 min )
    Indian rupee may struggle on rising likelihood of Fed rate hike
    The Indian rupee may come under pressure on Monday, after a tentative deal to raise the U.S. debt ceiling made it likely that the U.S. Federal Reserve will raise rates next month. Non-deliverable forwards indicate the rupee will slightly lower from the previous session's level of 82.575 per U.S. dollar. Odds of a 25 basis points Fed rate hike at the June 13-14 meeting climbed to 2-in-3 after President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend the existing debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote.  ( 6 min )
    Turkish Lira May Slide 29% After Erdogan Victory, Morgan Stanley Says
    (Bloomberg) -- The Turkish lira is at risk of a 29% slump should President Recep Tayyip Erdogan, who clinched another five-year term, stick to his policy of keeping interest rates low.That’s according to Morgan Stanley analysts including Hande Kucuk and Alina Slyusarchuk, who wrote in a Sunday note that the lira may reach 26 per dollar sooner than earlier expected and weaken close to 28 by the end of the year, without a change in policy direction. The currency closed at 19.97 per dollar on Frida  ( 7 min )
    Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism
    The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment. The yen's renewed decline has come on the back of rising U.S. Treasury yields, as bets grow that interest rates in the United States would stay higher for longer. Data released on Friday showed that U.S. consumer spending increased more than expected in April and inflation picked up, adding to signs of a still-resilient economy.  ( 8 min )
    Asian shares, US futures rise on debt ceiling deal
    Asian shares and U.S. stock futures rose on Monday, buoyed by a weekend deal by U.S. President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling, ending a months-long stalemate and angst for investors. After weeks of negotiations, McCarthy and Biden forged a agreement late on Saturday to avert an economically destabilising default to suspend the $31.4 trillion debt ceiling until 2025. The positive news lifted S&P 500 futures 0.4% in early trade while Nasdaq futures firmed 0.6%.  ( 7 min )
    US Stock Futures, Asian Equities Rise on Debt Deal: Markets Wrap
    (Bloomberg) -- US stock futures advanced as appetite for risk taking returned to global markets following the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republi  ( 9 min )
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    Rental Property Tax Deductions
    Rental property owners save money by deducting mortgage interest, depreciation, property taxes, and the cost of operation and maintainence.  ( 31 min )
    World Insurance
    World insurance protects firms from being sued by an international plaintiff.  ( 19 min )
    FAKO Score Definition
    "FAKO Score” refers to any credit score that is not the “FICO Score” developed and sold by the credit scoring company, Fair Isaac Corporation (FICO).  ( 21 min )
    Auction Market Preferred Stock (AMPS) Definition
    Auction market preferred stock refers to preferred equity securities that have interest rates or dividends that are periodically reset.  ( 19 min )
    Heritage and Stabilization Fund (HSF)
    The Heritage and Stabilization Fund is a sovereign wealth fund established in 2007 by the Republic of Trinidad and Tobago.  ( 20 min )
    Double-Barreled Bond
    A double-barreled bond is a municipal bond in which the interest and principal payments are pledged by two distinct entities—revenue from a defined project and the issuer and its taxing power.  ( 20 min )
    How Blockchain Can Help Emerging Economies
    Blockchain can help the flow of data and money in emerging economies.  ( 22 min )
    Lock Period Definition
    A lock period is the window of time over which a mortgage lender must keep a specific loan offer open to a borrower.  ( 19 min )
    Lottery: Overview, History, Advantages and Disadvantages
    A lottery is a low-odds game of chance or process in which winners are decided by a random drawing.  ( 19 min )
    Can You Use a Home Equity Loan for Investment Property?
    Real estate investing has been white hot. Should you take out a home equity loan to get in on the action?  ( 23 min )
    The 9 Biggest Hedge Fund Failures
    Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 28 min )
    Indexing: Definition and Uses in Economics and Investing
    Indexing may be a statistical measure for tracking economic data, a methodology for grouping a specific market segment, or an investment management strategy for passive investments.  ( 22 min )
    What Is Rescission? Requirements, How It Works, and Example
    Rescission is the voiding of a contract that a court does not recognize as legally binding. Find out when you can and cannot rescind a contract.  ( 23 min )
    Ripple Definition
    Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 24 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Reverse Calendar Spread Definition
    Reverse calendar spread involves buying and selling a short and long term option on the same underlying security with the same strike price.  ( 19 min )
    Swimming Pools: Costs vs. Long-Term Value
    Consider the costs of installing and maintaining a swimming pool, and compare them with the utility and market value it adds to your home.  ( 24 min )
    Capital Loss Carryover: Definition, Rules, and Example
    Capital loss carryover is the amount of capital losses a person or business can take into future tax years.  ( 26 min )
    Medicaid Waiver
    A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )
    The 50/30/20 Budget Rule Explained With Examples
    Learn about Elizabeth Warren's 50/20/30 budget rule; a simple and effective plan for personal money management and wealth creation.  ( 25 min )
    5 Common Misconceptions About Fiduciaries
    Understanding what a fiduciary is will help you know what to expect from the person you trust with your money.  ( 22 min )
    Second Mortgage: What It Is, How It Works, Lender Requirements
    A second mortgage is a mortgage made while the original mortgage is still in effect. Learn the requirements for a second mortgage and how to apply.  ( 24 min )
    What Is a Hash? Hash Functions and Cryptocurrency Mining
    A hash is a function that converts an input of letters and numbers into an encrypted output of a fixed length.  ( 23 min )
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    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 1 min )
  • Open

    Grootouders reizen stad en land af om op kleinkinderen te passen
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt ze niet in dank afgenomen.  ( 7 min )
    Turkse lira verliest terrein ten opzichte van Amerikaanse dollar
    De Turkse lira heeft maandag terrein verloren ten opzichte van de Amerikaanse dollar. De koersdaling van de Turkse munt volgt op de herverkiezing van president Recep Tayyip Erdogan, die zondag de tweede ronde van de presidentsverkiezing heeft gewonnen.  ( 4 min )
    Opa's en oma's springen in het gat van de oververhitte kinderopvang
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt niet in dank afgenomen.  ( 7 min )
    NU+ | De digitale euro komt eraan, dit is wat we al weten
    De Europese Commissie werkt momenteel aan een digitale variant van de euro en wil volgende maand met een wetsvoorstel komen. Ondertussen heeft het kabinet een aantal eisen op tafel gelegd waar de e-euro aan moet voldoen. Maar waar is een digitale euro eigenlijk voor nodig? En is het zeker dat hij er komt?  ( 5 min )
    Pakketje ophalen bij de buurtwinkel? Winkelier zit ermee in zijn maag
    Buurtwinkels hebben het druk met de stroom aan postpakketten. Hun magazijnen staan tot aan de nok toe vol met dozen die wachten om opgehaald te worden. Het levert winkeliers "belabberd weinig geld" op, maar slechts een enkeling stopt ermee.  ( 4 min )

  • Open

    How Fiat Currency Crises Drive Nations Toward Cryptocurrencies
    Countries like El Salvador, Iran, and Venezuela have turned to cryptocurrencies as fiats have experienced inflation and other troubles.  ( 19 min )
    How Mortgage Points Work
    Do you want to buy a house or apartment with lower upfront costs? Learn how mortgage points can help you pay less for your home.  ( 25 min )
    Transfer Pricing: What It Is and How It Works, With Examples
    Transfer pricing is an accounting and taxation-linked practice allowing companies to save on taxes.  ( 22 min )
    When Will Amazon (AMZN) Accept Bitcoin?
    Amazon has been reluctant to embrace Bitcoin for various reasons, though some of those reasons are purely speculation.  ( 21 min )
    3 Reasons to Invest in Multi-Family Real Estate
    Here are three reasons to consider investing in multi-family real estate.  ( 20 min )
    Mass Index: Overview and Examples in Technical Analysis
    Mass index is a form of technical analysis that looks at the range between high and low stock prices over a period of time.  ( 18 min )
    Accounts Receivable (AR) Discounted Definition
    Accounts receivable discounted refers to the selling of unpaid outstanding invoices for a cash amount that is less than the face value of those invoices.  ( 19 min )
    Understanding Political Gridlock, Causes and Solutions
    Gridlock occurs in politics when the government is unable to pass laws because rival parties control different parts of the executive and legislative branches.  ( 23 min )
    What's the Difference Between Value Chain vs. Supply Chain?
    The term "value chain" refers to the process in which businesses receive raw materials, add value to them to create a finished product, and then sell the finished product to consumers. A "supply chain" represents the steps it takes to get the product or service to the customer.  ( 19 min )
    Fiscal Agent
    A fiscal agent is an organization, such as a bank or trust company, that acts on behalf of another party performing various financial duties.  ( 18 min )
    Monoline Definition
    Monoline refers to the practice of specializing in a single line or discipline of the financial services business.  ( 19 min )
    Estimated Long-Term Return Definition
    Estimated long-term return is a hypothetical measure that forecasts an investor's expected return over the life of an investment.  ( 18 min )
    Going Public Definition
    Going public is the process of selling shares that were formerly privately held to new investors for the first time.  ( 20 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    Floater Insurance: What it is, How it Works, Examples
    Floater insurance covers property that is easily movable and provides additional coverage beyond the scope of traditional policies.  ( 20 min )
    Spot Commodity Definition
    "Spot commodity” refers to a commodity that is being sold with the intention of being delivered to the buyer either presently or within a few days.  ( 18 min )
    Omnibus Clause Definition
    An omnibus clause is an automobile liability insurance policy clause that extends coverage to individuals not named in the policy.  ( 19 min )
    Chief Risk Officer Definition, Common Threats Monitored
    A chief risk officer (CRO) is an executive who identifies and mitigates events that could threaten a company.  ( 19 min )
    Resolving Disputes With Your Financial Advisor
    Before you blame your advisor for your losses, be sure you know your rights and responsibilities.  ( 25 min )
    4 Signs It's Time to Fire Your Financial Advisor
    Financial advisors can help you increase and protect your wealth. Learn when it’s time to fire your financial advisor and how to find a good one.  ( 22 min )
    Summa Cum Laude: Definition, Meaning, and Requirements
    Summa cum laude is an academic level of distinction used by educational institutions to signify a degree that was received "with highest honor."  ( 23 min )
    How to Give the White House Your Input on Rapidly Growing AI Technology
    The initiatives are the first steps of a plan the White House hopes to form as it grapples with the impacts of artifical intelligence and considers regulation.  ( 18 min )
    How Do I Know I Can Trust My Financial Advisor?
    Savvy investors know to ask an advisor questions on these five essential subjects.  ( 21 min )
    What Fees Do Financial Advisors Charge?
    Learn how much financial advisors charge clients and discover the various payment plans available to customers seeking financial advisory services.  ( 23 min )
    An Inflation Upside: You Can Put More In Your Health Savings Account
    Surging inflation means that Health Savings Account contribution limits have risen, an opportunity for people who want to take full advantage of the tax advantages.  ( 16 min )
    Top Retail Stocks for Q2 2023
    MercadoLibre, Aritzia, and MINISO Group lead the industry in revenue growth  ( 20 min )
    U.S. Debt Ceiling: Definition, History, Pros, Cons, Clashes
    The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 28 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
    In a major step toward averting the debt ceiling crisis, President Joe Biden and House Speaker Kevin McCarthy reached a tentative agreement to raise the national borrowing limit for two years.  ( 17 min )
    4 Basic Things to Know About Bonds
    Learn the basic lingo of bonds to unveil familiar market dynamics and open to the door to becoming a competent bond investor.  ( 28 min )
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    Oil gains after US leaders strike debt deal
    (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. U.S. President Joe Biden and House Speaker Kevin McCarthy on the weekend forged an agreement to suspend the $31.4 trillion debt ceiling and cap government spending for the next two years.  ( 7 min )
    Oil climbs after US leaders strike provisional debt deal
    Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling.  ( 7 min )
    Wall Street’s Best Analyst Suggests 2 Semiconductor Stocks to Buy — Here’s What Makes Them Stand Out
    Today, investors have access to huge amounts of information that can help in pointing towards the best stocks to pick up. So much information, in fact, that it can often result in overload and confusion, rather than providing a clear signal. Therefore, it might be best to stick to an uncomplicated regime and let the stock picking experts lead the way. And on Wall Street, right now Jeffries analyst Mark Lipacis is the best of the lot. According to TipRanks, a platform that tracks and measures the  ( 10 min )
    The S&P 500 has rallied thanks to the AI boom, but parts of the index may be signaling a recession. Here's what 7 experts have said.
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    Marketmind: Relief rally eyed on US debt ceiling deal
    Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default. Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves. If so, they are likely to be outsized gains, certainly across risk assets - Wall Street rallied strongly on Friday, particularly the Nasdaq and mega tech stocks, and the news from Washington over the weekend will only be seen as positive.  ( 7 min )
    Analysis: Debt deal could boost unloved corners of U.S. stock market, though risks loom
    Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers face a difficult path to pass the agreement through Congress before the June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert a catastrophic U.S. default and boost overall appetite for risk while also buoying some of the sectors that have been left behind in this year’s tech-led rally, such as cyclical stocks and small caps, investors said. But some are wary that proposed spending cuts could weigh on U.S. growth.  ( 9 min )
    Ford EVs will have Tesla DNA and Waymo's robotaxis are coming to Uber
    Musk’s latest push toward turning Twitter into an actual town square. In the future, Ford’s next generation of EVs will be equipped with Tesla’s charge port, called the North American Charging Standard, starting in 2025. This will give them access to 12,000 Tesla Superchargers in the U.S. and Canada, which is double the number Ford customers currently have access to.  ( 14 min )
    Salesforce, Lululemon, Broadcom, Chewy, HP, and More Stocks to Watch This Week
    The market is closed on Monday for Memorial Day. Then, earnings reports, May jobs data, April JOLTS, consumer confidence, and manufacturing PMI.  ( 22 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    A lawyer faces sanctions after he used ChatGPT to write a brief riddled with fake citations
    For one New York lawyer, the nightmare of losing a job to AI could become a reality sooner than expected, but not for the reasons you might think.  ( 6 min )
    Debt Deal Adds Brake on US Economy Already at Risk of Recession
    (Bloomberg) -- The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already burdened by the highest interest rates in decades and reduced access to credit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Gear Up to Embrace Riskier Assets After Debt-Cap DealTexas AG Ken P  ( 8 min )
    State Farm will no longer insure new homes in California because of wildfire risks
    State Farm will no longer provide home insurance to new California customers because of wildfire risks and an increase in construction costs.  ( 6 min )
    Jobs report, AI hype in focus after debt ceiling deal: What to know this week
    Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.  ( 11 min )
    Fed's Goolsbee says U.S. debt ceiling deal avoids 'extremely negative' consequences
    Chicago Federal Reserve Bank President Austan Goolsbee said on Sunday he won't 'prejudge' whether he would support an interest-rate hike at the upcoming Fed meeting in June, but noted that the full impact of the central bank's rate increases to date have yet to be felt. "We are going to get a lot of important data between now and then," Goolsbee told CBS's Face the Nation. "The actions that the Fed takes take months or even years to work their way through the system...  ( 5 min )
    Brazilian Households Default Grow Amid High Interest Rates
    (Bloomberg) -- Brazilians are struggling to pay their debts on time, with four out every ten adults facing default, as central bankers keep monetary policy tight in an effort to bring inflation back to their target. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 6 min )
    The Bank of England has lost control of inflation – and we all face a terrible price
    Last week’s inflation figure was an absolute stinker. You could have been deceived into thinking that it was good news because the headline rate fell from 10.1pc to 8.7pc, but this drop was solely caused by last April's bumper increase in energy prices falling out of the annual comparison.  ( 9 min )
    Dow Jones Futures Loom: Debt-Ceiling Deal In Focus For AI-Led Market Rally
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    TipRanks ‘Perfect 10’ List: Ride the Tech Rebound With These 2 Top-Rated Stocks
    It’s safe to say that tech has been on the up recently. The spread of artificial intelligence (AI) has lit a fire under investors, and tech stocks have rallied some $4 trillion this year. The NASDAQ index, which is tech-heavy to begin with, gained 2.5% last week, and is up almost 25% since the onset of 2023, marking a turnaround from 2022’s bear market. By comparison, the S&P 500 is only up 9%, and the Dow has slipped slightly. The biggest winner in the tech rally so far is Nvidia. The company i  ( 11 min )
    US judge grants final approval to Apple’s $50 million ‘butterfly’ keyboard settlement
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    Minimum wage rises risk driving up the cost of groceries, says Aldi boss
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    Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
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    Would the US Really Mint a Trillion-Dollar Coin to Raise the Debt Ceiling?
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    Wall Street’s Next Big Play Is Garbage
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    Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
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    Author discovers 'most important financial skill' for achieving financial freedom
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    Numbers taking US accountancy exams drop to lowest level in 17 years
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    US debt ceiling crisis: risks still lurk for China despite prospect of deal, analysts say
    A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market but there is still the risk of collateral damage, Chinese observers warned on the weekend. US President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle on Saturday on a deal that is believed to include a two-year debt limit increase and a cap on non-defence spending by the government. The agreement still needs the approval  ( 8 min )
    Chinese app factory Newborn Town has designs on Southeast Asia with many smaller platforms, flipping the TikTok model
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    Tech Stock Rally Leaves Small-Caps in the Dust
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    The ‘ruthless’ axeman carving out a new future for Rolls-Royce
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    Pay Attention to Silicon Carbide Chips, Says Hedge Fund Manager
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    ISS backs Toyota shareholder proposal on climate disclosure
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    Gas Price Plunge Brings Relief to Europe After Energy Panic
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    ‘Elon Musk of Essex’ chased by suppliers as it lays off staff
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    US Jobs Report Is Set to Provide Some Solace to the Fed
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    Prepare for pain: Britain is hurtling towards a new crisis
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    Stock Market Holidays 2023: Is Wall Street Closed For Memorial Day?
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    Analysis-Why a US debt deal may only provide short-term relief for markets
    Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets. U.S. President Joe Biden and top congressional Republican Kevin McCarthy on Saturday reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, two sources familiar with the negotiations said, potentially averting an economically destabilizing default. "This will be pretty good for the market," said Amo Sahota, director at KlarityFX, adding that it may give more reason for the U.S. Federal Reserve to feel confident about raising rates again.  ( 8 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
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    The Dollar Is Still King in Europe, and It’s Swaying Interest Rates
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    Investors react to tentative US debt ceiling deal
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    Debt-Ceiling Deal Avoids Default; Biden, Republicans Agree On Spending Caps
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    Saudi Arabia in talks to join China-based ‘Brics bank’
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  • Open

    Beleggers houden inflatiecijfers en Amerikaans schuldenplafond in de gaten
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    Minister Schreinemacher: Europese energietransitie niet mogelijk zonder China
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    Britse overheid werkt aan plan voor maximumprijzen voedsel
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    Eerste commerciële vlucht van Chinees passagiersvliegtuig geslaagd
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    Eerste vlucht met C919-vliegtuig van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond VS
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    Eerste vlucht C919 van Chinese rivaal Boeing geslaagd
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    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond
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    Eerste vlucht C919 van Chinese rivaal Boeing vertrokken
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel steeg even na 10.30 uur lokale tijd op vanaf het vliegveld in Shanghai, zo blijkt uit beelden van staatsomroep CCTV.  ( 3 min )
    Rusland verliest status als economische grootmacht
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  • Open

    Gen Z Guide to Roth IRAs
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    Top Zoom Shareholders
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    Income Definition: Types, Examples, and Taxes
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    How To Read A T-Bill Quote
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    PayPal vs. Credit Card: Which Is Safer?
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    How to Get the Best Deal Negotiating for a Used Car
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    5 Foreign Countries That Own the Most U.S. Debt
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    Understanding Infrastructure Legislation
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    Top Cryptocurrency Stocks for Q2 2023
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    Few Homebuyers Looking To Move Out Of Town, Even Fewer Interested in Local Moves
    High mortgage rates and home prices are persuading more potential homebuyers to stay put for now.  ( 19 min )
    Shonda Rhimes’ ‘Queen Charlotte’ Most Watched On Netflix Now-Here’s Her Net Worth
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  • Open

    Top Zoom Shareholders
    The top Zoom shareholders are Santiago Subotovsky, Ryan Azus, Janine Pelosi, Eric Yuan, Bin Yuan and Cathy Wang, and Li Ka-shing.  ( 21 min )
    Nvidia is up 165% in 2023. Here's why its the clear winner in the AI race so far.
    Nvidia's role in powering the AI sector's vast ambitions means it will be a clear leader in the space for a long time, sources told Insider.  ( 8 min )
    The hype in AI stocks isn't a bubble yet, and little buy in from retail investors means there's room for more upside
    "There's not enough retail interest to indicate a bubble is forming, and there's a lot more room for retail investors to get involved in these names."  ( 7 min )
    Here’s Why Buying a Chunk of America Can Be an Inflation Hedge
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    Investors will still flock to US Treasurys in a default - but the crisis would make these alternatives more attractive down the line
    Default would be "one more piece of the puzzle where investors around the world say this is not a reliable leader of the international finance system."  ( 7 min )
    Warren Buffett slammed the last debt-ceiling crisis as a stupid waste of time - and called for the government's borrowing limit to be removed
    Warren Buffett warned in 2011 that failing to raise the debt ceiling might be the most idiotic move in the history of Congress.  ( 7 min )
    Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
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    How 401(k) Matching Works
    Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 25 min )
    Some investors see bargains in tentative US regional bank recovery
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Eighty-two percent of millennials worry AI will threaten their pay, survey says
    Investors believe AI is the latest tech revolution. Millennial workers are worried this will mean less pay for the same work.  ( 8 min )
    The New Rules for Business Travel to China
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    Debt-Ceiling Deal Is Close. Why Recession And Stock-Market Drop Will Follow.
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    Workers are feeling grim about their retirement prospects, study finds
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    AI Stocks, Including Mobileye, Lead These 5 Names Near Buy Points
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    Can I Negotiate Financial Advisor Fees?
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    How to Make Money With Warren Buffet's Cigar Butt Investing Method
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    I Need Cash Now. Can I Transfer My IRA into a Savings Account?
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    The Alarming Retirement Mistake Too Many Americans Are Making
    The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make Money Investing in Storage Units?
    Real estate offers myriad investment choices, from single-family homes to data centers. The ideal asset for you depends on factors such as your investment size and strategy. Over the past several decades, investors have diversified their portfolios by capitalizing on … Continue reading → The post How to Invest in Storage Units appeared first on SmartAsset Blog.  ( 10 min )
    Biden's Stock Buyback Tax Gets Pushback From Both Sides of the Aisle
    President Joe Biden has championed a substantial financial proposal in the latter half of his term: increasing taxes on businesses engaging in stock buybacks. This initiative aims to redirect corporate funds toward business expansion and job creation, instead of primarily … Continue reading → The post Biden's Stock Buyback Tax Gets Pushback appeared first on SmartAsset Blog.  ( 7 min )
    The workers getting rich off the AI revolution – while others lose their jobs
    While governments and top tech executives argue about artificial intelligence’s ability to trigger a global conflict, the humans actually working on the technology are busy fighting a war of wages.  ( 9 min )
    Top Cryptocurrency Stocks for Q2 2023
    Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Why is 2023's bank turmoil largely a West Coast thing?
    Investors are still betting against a number of banks in the western half of the country. Some of those lenders say their fundamental strengths are being overlooked.  ( 11 min )
    Costco CFO talks eggs, nuts and meat inflation
    Costco CFO Richard Galanti on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer.  ( 8 min )
    The Anti-Woke Presidential Candidate Who Wants to Crush ESG and Gut the Fed
    Wall Street veteran Vivek Ramaswamy has made issues from the fringes of finance central to his campaign for the Republican nomination.  ( 30 min )
    How AI Is Catapulting Nvidia Toward the $1 Trillion Club
    The company’s chips are leaders in processing the complex calculations driving the latest internet revolution.  ( 29 min )
    Democratic veterans from 2 decades of budget wars say the national debt isn’t worth holding the U.S. and global economy ‘hostage’
    The national debt is a real issue. A debt ceiling standoff that risks a default is the worst way to address it, experts say.  ( 12 min )
    Combative Consumers Change the Marketing Strategy for Target and Bud Light
    Many brands have long shrugged off criticism of their stands on social issues, but Target and Bud Light just proved that even huge corporations can be made to bend.  ( 29 min )
    Hyundai, LG partner to build $4.3 billion electric vehicle battery plant in Georgia
    Hyundai Motor Group and LG Energy Solution announced that they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in Georgia.  ( 8 min )
    Why Britain may have doomed itself by avoiding recession
    It was enough to send a chill through any voter. Speaking to Sky News, Jeremy Hunt was asked if he would be comfortable with interest rates reaching such a height that the economy tips into recession.  ( 9 min )
    Truss had it right – there’s only one way out of this mess
    When the bond markets dramatically turned on the UK in the wake of the disastrous mini-Budget last autumn, it prompted lengthy lectures on the crazy excesses of “Trussonomics”.  ( 8 min )
    France Just Got Another Warning Over Its Credit Rating
    (Bloomberg) -- The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur growth and reduce a crisis-swollen debt burden. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two Years‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeA $189 Airport Travel H  ( 6 min )
    What Milton Friedman Wrote to Otmar Issing at Creation of ECB
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    Dow jumps more than 300 points as Biden, McCarthy appear set to reach a deal to raise the US debt limit
    The Dow snapped a losing streak as investors headed into Memorial Day anticipating Washington will reach a deal to raise the debt ceiling.  ( 7 min )
    A Chinese Alternative to Bloomberg Terminals Quietly Limits Information Overseas
    E-commerce shopping trends and satellite images are no longer available to foreign users of Wind, clouding their view of the world’s second-largest economy.  ( 27 min )
    Marvell follows Nvidia's rally, surging 29% after chip maker cites AI as 'key growth driver'
    Nvidia stock skyrocketed this week, driving a fresh AI frenzy after reporting stellar earnings and strong guidance.  ( 7 min )
    Market Rally Gains Steam On AI Boom, Debt-Ceiling Deal 'Very Close'; Tesla Leads 9 Stocks Near Buy Points
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    Home affordability got even worse last month as the average payment on a new mortgage jumped
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    Nvidia's massive AI-fueled rally just helped power the stock market above a key level that suggests more upside ahead
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    Elizabeth Holmes to Report to Prison: A History of the WSJ Theranos Investigation
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    Big Techs Become Even Bigger Winners. Shades of the Dot-Com Boom?
    Heavy concentration of gains recalls the excesses that preceded some epic market tumbles.  ( 22 min )
  • Open

    Senior is eindelijk echt welkom op de arbeidsmarkt
    Bedrijven gaan steeds vaker in zee met oudere werknemers vanwege de krapte op de arbeidsmarkt. "Er wordt veel breder gekeken naar kandidaten. Het is echt een enorm verschil met een aantal jaar geleden", zegt arbeidsmarktdeskundige Rob Witjes van het UWV.  ( 4 min )
    Lange rijen op Britse luchthavens door storing e-gates
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    Irak lanceert miljardenproject voor verbinding zuiden met Turkije
    De Iraakse overheid heeft zaterdag een project gelanceerd ter waarde van 17 miljard dollar voor de verbinding van een ​​belangrijke goederenhaven aan de zuidkust via spoor en wegen met de grens met Turkije. Het miljardenproject moet helpen bij het transformeren van de Iraakse economie na decennia van oorlog en conflict in het land.  ( 4 min )
    NU+ | Voor tv op de camping kunnen we nog steeds niet zonder de satelliet
    De zomer staat weer voor de deur, dus trekken Nederlanders de komende weken massaal hun caravan of camper uit de stalling om op vakantie te kunnen gaan. Een televisie behoort vaak tot de standaarduitrusting, maar tv kijken op de camping blijft een uitdaging.  ( 4 min )
    Onderzoek ECB: Klimaatverandering kan inflatie aanjagen
    Klimaatverandering kan de komende tien jaar de wereldwijde inflatie aan gaan jagen, bijvoorbeeld omdat voedselprijzen harder stijgen. Dat stelt de Europese Centrale Bank (ECB) op basis van nieuw onderzoek. Volgens de studie kan het jaarlijks om een stijging met meer dan 1 procentpunt gaan.  ( 3 min )
    VDL dreigt met intrekking bonus bij doorgaan stakingen Nedcar
    VDL dreigt met het intrekken van een bonus van 7.500 euro als de medewerkers van Nedcar doorgaan met staken. Dat blijkt uit een interne mededeling van Nedcar-directeur John van Soerland aan de medewerkers van de autofabriek in Born.  ( 4 min )
    Meeste Duitsers zijn sceptisch over digitale euro
    Een meerderheid van de Duitsers staat sceptisch tegen de eventuele komst van een digitale euro, waaraan wordt gewerkt door de Europese Centrale Bank (ECB). Dat blijkt uit een peiling die de Duitse branchevereniging voor banken heeft laten uitvoeren.  ( 3 min )
    Frankrijk opnieuw gewaarschuwd vanwege hoge staatsschuld
    Frankrijk heeft een nieuwe waarschuwing gekregen van een kredietbeoordelaar over zijn huishoudboekje. Het kleinere Europese kredietbeoordelingsbureau Scope heeft de zogeheten outlook voor de Franse kredietwaardigheid verlaagd naar negatief. Het bureau is met name bezorgd over de hoge staatsschuld van het land.  ( 3 min )
    Huishoudens en kleine bedrijven draaien op voor energieverbruik industrie
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    Twitter stapt uit EU-akkoord dat desinformatie bestrijdt
    Twitter houdt zich niet langer aan een vrijwillige Europese gedragscode voor internetplatforms. Eurocommissaris Thierry Breton (Industrie) meldt op Twitter dat het sociale medium van Elon Musk uit de EU-overeenkomst is gestapt.  ( 3 min )
    CEO JPMorgan zegt nooit contact te hebben gehad met Jeffrey Epstein
    Jamie Dimon, CEO en bestuursvoorzitter van bankconcern JPMorgan Chase, heeft onder ede verklaard dat hij nooit contact heeft gehad met zedendelinquent Jeffrey Epstein. De zaak was door de Amerikaanse Maagdeneilanden en slachtoffers van Epstein aangespannen tegen het bedrijf.  ( 3 min )
    NU+ | Wordt er nog overboden? Jullie vragen over de woningmarkt beantwoord
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    Zo zet je extra geld opzij als je onzeker bent over het nieuwe pensioen
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    Zware industrie verbruikt meeste energie, maar betaalt minste belasting
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  • Open

    Shonda Rhimes’ ‘Queen Charlotte’ Is Most Watched Show On Netflix Right Now—Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 1 min )

  • Open

    Short sellers who bet against Nvidia lost $2.2 billion in a single day amid the chip maker's stellar rally
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    State Farm Halts Home-Insurance Sales in California
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    Genco Stock Is a Good Bet as Rising Shipping Rates Help Boost Dividend
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    The Fed could pop the AI bubble, and investors shouldn't chase the hype as financial conditions tighten, Bank of America says
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    Lordstown Motors and Atea Pharmaceuticals Stock See Action From Activist Investors
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    Stock Market Action Plan For Deadline Week: Salesforce, Broadcom Earnings, May Payrolls
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    Oil, the Canadians, and Petrobras
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    Big Lots Shares Drop to 30-Year Low
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    Speculators Boost Yen Shorts to Most in a Year as Currency Slips
    (Bloomberg) -- Speculators ramped up their bearish stance on the yen to the highest in nearly a year as the currency extended its slide against the dollar with markets boosting bets on the Federal Reserve hiking rates.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economi  ( 7 min )
    Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz
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    Mark Zuckerberg, whose wealth has grown almost $47 billion this year, told staff to be ‘scrappier’ amid mass layoffs
    Meta has announced layoffs of 21,000 workers over the past year. But that's all part of Zuckerberg's push for greater efficiency.  ( 8 min )
    Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
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    Carl Icahn, a star corporate raider brought down to earth
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    Why Our Exit In LRCX Stock Isn't Bothersome
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    Top CD Rates Today, May 26
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    Arista Basks In The Glow Of Nvidia AI Outlook, Artificial Intelligence Stocks
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    AI Stocks Are Flying, but Don’t Call the Craze a Bubble
    Nvidia and other tech stocks have added billions of dollars in market value as the technology has boomed  ( 28 min )
    Conoco to Buy Full Control of Oil-Sands Site for $3 Billion, Thwarting Suncor
    (Bloomberg) -- ConocoPhillips exercised its right to acquire TotalEnergies SE’s 50% stake in the Surmont oil-sands field for as much as $3.33 billion, giving it full control of the Canadian operation and thwarting efforts by Suncor Energy Inc. to buy into the site.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Agai  ( 8 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
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    JPMorgan Jumps Into AI Craze With Robo Stock Picker
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    A secretive US hedge fund has likely notched a $5 billion gain on Nvidia stock this year as the AI boom rages on
    Jennison Associates' nearly 1% stake in Nvidia has ballooned in value from $3.4 billion to $8.6 billion this year, assuming it hasn't cashed out.  ( 7 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 17 min )
    Nasdaq Surges To New High As Debt Deal Nears; Auto Parts IPO Pops 12%
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    These Growth Stocks Seem Stalled. That May Be A Good Thing.
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    A worker making $100,000 in this economy ‘really struggles to live the American Dream,’ SoFi CEO says
    Many workers are graduating and “going to be in a hole and they can’t invest," Anthony Noto said.  ( 9 min )
    Four Stocks to Buy at the ‘End of an Era’ for Consumer Staples
    Stocks with any combination of durable volumes, attractive relative valuations, and some margin recovery are worth watching, a Wells Fargo analyst says.  ( 41 min )
    Treasury Bonds Just Sold Off. Buyers Should Be Salivating.
    When bond prices go down, yields go up. The 10-year Treasury note now yields 3.8%, up from a recent low of just over 3.3%.  ( 22 min )
    Not A Fan Of Oil But Enjoy The High Dividends Of Energy Stocks? Here Are 2 Renewable Energy Plays Yielding Up To 5.4%
    It’s no secret that oil companies have been gushing profits and cash flow. After all, when Big Oil reported financial results for 2022, President Joe Biden called the industry’s record profits “outrageous.” And that means these major oil producers can return a lot of cash to investors. For instance, Chevron Corp. announced a 6% increase to its quarterly dividend to $1.51 per share in January. At the current share price, the oil-producing giant offers an annual dividend yield of 3.8%. At ExxonMob  ( 9 min )
    Nvidia just added $200 billion to its market cap on AI hype - and the gold rush may just be getting started
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    Cathie Wood Defends ARKK’s Decision to Dump Nvidia, Citing Chip-Cycle Risks
    (Bloomberg) -- Cathie Wood defended her firm’s decision to bail on Nvidia Corp. before the chipmaker’s shares surged 160%, saying the computer-chip industry’s boom-bust cycle poses risks.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Employ  ( 8 min )
    AI Stocks: In Case You Missed Nvidia, Google Artificial Intelligence News
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    3 REITS With The Best Dividend Growth Rates Over The Past 5 Years
    If you’re an income investor, chances are good that you love having dividend stocks in your portfolio with dividends that grow precipitously over time. But not all dividend stocks have substantial dividend growth. It takes ongoing earnings growth to enable a company to continue raising its dividend without running into difficulty paying its shareholders. Take a look at three real estate investment trusts (REITs) that have had superb dividend growth over the past five years, putting them well ahe  ( 9 min )
    There's a New King in Chip ETFs After Record $805 Million Inflow
    (Bloomberg) -- With the artificial-intelligence hype sweeping across Wall Street, a massive inflow turned a popular ETF tracking chipmakers into the largest of its category.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeA $189 Airport Travel Hack Is No Longer Working Very WellThe iShares Semi  ( 8 min )
    Elon Musk says entrepreneurs are missing ‘tremendous’ opportunities in heavy industry
    The Tesla CEO bemoaned an "overallocation of talent towards apps on phones."  ( 8 min )
    Analyst Report: Duke Energy Corp.
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    Analyst Report: Autozone Inc.
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    Target Stocks Falls for the 7th Day After Earnings. Now Backlash to Its LGBTQ+ Merch Is Hitting Shares.
    The stock was on track for its lowest close since August 2020.  ( 22 min )
    A worker claimed racism cost her job. She won $11 million.
    The high-end Equinox gym claimed Röbynn Europe was fired for repeated tardiness. Europe alleged her firing was retaliation.  ( 7 min )
    The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks
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    Meet ‘IndexGPT,’ the A.I. stock picker JPMorgan is developing that may put your ‘financial advisor out of business’
    JPMorgan has filed a trademark application for an A.I. software that can pick stocks—and much more.  ( 8 min )
    Market Update: MRVL, AZO, DUK, SPLK
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    Hoka to Reach $2 Billion in Sales ‘Soon’ as Deckers Remains Confident in Brand Growth
    CEO Dave Powers doubled down on the success of the company’s Hoka brand in a call with analysts on Thursday evening.  ( 8 min )
    What Costco’s Baskets Reveal About Consumer Finances
    The upper middle class is feeling the economic squeeze too.  ( 27 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Wells Fargo Predicts up to 70% Rally for These 2 Stocks — Here’s Why They Have Solid Upside
    The US stock market is poised to end the week on a positive note, fueling optimism as the long holiday weekend approaches. This positive sentiment stems from the news that the White House and congressional Republicans are nearing the final stages of reaching an agreement to raise the government’s debt ceiling, which currently stands at $31.4 trillion. A successful debt ceiling bill would lay to rest fears that the US could default on debt obligations and avoid the risks such an event would bring  ( 10 min )
    Meta's layoffs leave some ex-employees feeling 'better about being done'
    Meta's latest round of layoffs are part of an initiative that has been cheered by investors, but left some former employees relieved to be done with their time at the social media giant.  ( 8 min )
    Mexico president eyes 'half' of Citi unit amid IPO plan
    Mexican President Andres Manuel Lopez Obrador on Friday said the government could acquire up to half of the Mexican unit of Citigroup after the U.S. bank announced plans this week to pursue an initial public offering of the business. Lopez Obrador, speaking at a press conference, noted that the bank had also said it wants the unit known as Banamex to have Mexican shareholders. Citi on Wednesday said it was planning an IPO for the Mexican unit, abandoning earlier plans for a sale, prompting Lopez Obrador to announce that the Mexican government could invest in Banamex and had up to $3 billion at its disposal.  ( 7 min )
    Yield-Hungry Investors Are Feasting on T-Bills
    Returns reach levels not seen in years, and the short-term U.S. securities offer liquidity with little risk, despite the battle over the debt ceiling.  ( 22 min )
    Nvidia Dusts Warren Buffett In Race To $1 Trillion
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    Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says
    (Bloomberg) -- Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his warning about a potential market downshift later this year. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Emplo  ( 8 min )
    After Bullish Report In March, Salesforce Stock Ramps Higher Ahead Of Results; 3 Security Software Stocks To Watch
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    Nvidia's Surge Didn't Come From Retail Buyers, Vanda Says
    Nvidia’s 24% rally in Thursday’s session turned heads on Wall Street and raised questions about whether the AI-driven market frenzy is becoming a bubble. But it wasn’t necessarily ret  ( 27 min )
    David Einhorn Doubles-Down on These 2 Energy Stocks — ⁠Here’s Why You Might Want to Follow in His Footsteps
    David Einhorn’s hedge fund, Greenlight Capital, enjoyed some big gains in 2022, being one of the few to benefit from last year’s bear market. The conditions suited the value investor’s style, and the fund had its best year in a decade. However, it has been a different story so far this year, as Greenlight has been underperforming the broad markets. Einhorn, however, is not about to bang his head against the wall and try to fit a square into a circle. In a recent letter to shareholders, he stated  ( 10 min )
    Ulta Beauty Stock Falls. ‘We’ve Hit a Speed Bump,’ Analyst Says.
    Ulta's average sales per customer fell for the first time in more than five years, the company reported Thursday.  ( 22 min )
    12 Low-Stress Jobs You Can Do in Retirement
    Just because you retire doesn't mean you have to stop working. And when work is an option rather than a requirement, it's possible to select a low-stress job that multiplies fulfillment without adding anxiety - but still provides a bit … Continue reading → The post 12 Low-Stress Jobs You Can Do in Retirement appeared first on SmartAsset Blog.  ( 8 min )
    Dow Jones Futures Reverse Lower On Hot Inflation Data; Ulta Beauty Dives On Sales Miss
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    New York City is withholding new deposits at five banks accused of inaction on discrimination
    New York City is taking its business away from banks that lack anti-discrimination plans.  ( 9 min )
    Retired & on a Budget? Here's How to Still Enjoy Life & Have Fun
    Retirement offers you the time to do the kind of stuff you always wanted to do but couldn't because work filled up your schedule. Of course, retirement also typically means living on a fixed income, which may limit your ability … Continue reading → The post 6 Fun Things to Do in Retirement on a Budget appeared first on SmartAsset Blog.  ( 8 min )
    Is $10 Million Enough for You to Retire Comfortably at 50?
    If you have multiple millions set aside for retirement, you may still feel a little nervous at the possibility of giving up a steady paycheck at age 50. After all, many resources that people use for retirement such as traditional retirement … Continue reading → The post Is $10 Million Enough for You to Retire at 50? appeared first on SmartAsset Blog.  ( 9 min )
    What Percentage of My Income Should Safely Go to a Mortgage?
    Buying a home is one of the biggest financial decisions many people will ever make. And it can also be one of the most complex. Even the simple question of what percentage of your income should safely go to a … Continue reading → The post What Percentage of Your Income Should Safely Go to a Mortgage? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire Comfortably at 40 With $1 Million?
    Retiring at 40 may sound like a pipe dream. But it's entirely within reach if you save $1 million while working. The key elements for achieving this feat are sticking to a budget and implementing a comprehensive retirement strategy. But … Continue reading → The post Can I Retire at 40 With $1 Million? appeared first on SmartAsset Blog.  ( 12 min )
    5 Fantastic Ways to Enjoy Life After Retirement
    For some people, retirement can feel a bit like the dog that caught the car. You've prepared for this moment your entire adult life, and you're certainly very happy to have gotten here but … well, now what? You've spent … Continue reading → The post Five Tips to Enjoy Life After Retirement appeared first on SmartAsset Blog.  ( 8 min )
    Fed 'pause' on rate hikes in doubt after strong US data
    Traders of futures contracts tied to the Federal Reserve's policy rate boosted bets on Friday that the U.S. central bank is not yet done on raising interest rates, after a government report showed inflation last month rose faster than expected. Implied yields on the contracts rose after the Commerce Department report, reflecting about a 60% chance that the Fed will increase its target range for the benchmark rate, currently at 5%-5.25%, by a quarter of a percentage point at its June meeting. Futures contracts earlier in the day were pricing in about a 60% chance the Fed would skip a June rate hike.  ( 5 min )
    US consumer spending beats expectations in April; inflation picks up
    U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second quarter, and inflation picked up, which could see the Federal Reserve keeping interest rates higher for some time. Consumer spending jumped 0.8% last month, the Commerce Department said on Friday. Economists polled by Reuters had forecast consumer spending, which accounts for more than two-thirds of U.S. economic activity, rising 0.4%.  ( 6 min )
    A measure of inflation that is closely tracked by the Federal Reserve increased in April
    A key index of U.S. prices ticked higher in April as consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which the Federal Reserve closely monitors, showed that prices rose 0.4% from March to April, much higher than the 0.1% increase the previous month. The government reported Friday that the year-over-year figure was down sharply from a peak of 7% last June yet remains far above the Fed's 2% inflation target, and it surpassed the 4.2% figure in March.  ( 8 min )
    Stock futures tick higher as investors await debt deal: Stock market news today
    Stocks rose slightly on Friday morning as investors awaited more news on the debt ceiling deliberations in Washington ahead of the holiday weekend.  ( 8 min )
    Why Nvidia's boom isn't a bubble: Morning Brief
    Make no mistake, Nvidia has captured the imagination of Wall Street.  ( 9 min )
    Marvell Follows Nvidia as the Next Hot AI Stock. The Sector Is on Fire.
    Increasing demand for generative AI is driving Marvell's network products, this analysts says.  ( 22 min )
    Virgin Galactic Completed Its Space Mission. The Stock Didn’t Lift Off.
    The company made its first crewed test flight since Sir Richard Branson went to orbit in July 2021.  ( 22 min )
    'We were arrogant': RH’s CEO says he raised already expensive furniture prices too much on shoppers
    RH continues its stretch of poor results, in part because of poor execution.  ( 8 min )
    Broadcom Shares Climb During A.I. Rally
    Broadcom Inc. (AVGO) shares gained 14% in May alone. The latest surge in potential A.I. related companies has helped. However, unusual buying in the shares has been a theme for months.  ( 7 min )
    Comcast CEO Mulls Next Big Move in Shifting Media Landscape
    (Bloomberg) -- Comcast Corp. Chief Executive Officer Brian Roberts has a penchant for lining up a huge deal around every five years or so. It was 2018 the last time he made a big acquisition, and Wall Street is ready for his next dramatic move.Most Read from BloombergWorld’s Richest Man Throws In Towel on Beverly Hills HotelEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyA $189 Airport Travel Hack Is No Longer Working Very WellDebt-Limit Talks G  ( 12 min )
    Cathie Wood’s Top Fund Missed Nvidia’s Stock Surge. But ARK Made This AI Bet.
    Cathie Wood's Ark Innovation ETF sold its Nvidia shares before the majority of the chip maker's stock rally but is backing automation software maker UiPath.  ( 23 min )
    Applied Materials Shares Boosted by A.I. Fueled Rally
    Applied Materials Inc. (AMAT) shares gained 15% in the month of May alone. The latest surge in potential A.I. related companies has helped. However, unusual buying in the shares has been a theme for months.  ( 7 min )
    Analyst Report: Palo Alto Networks Inc
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    Daily – Vickers Top Buyers & Sellers for 05/26/2023
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    Daily – Vickers Top Insider Picks for 05/26/2023
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    Daily Spotlight: Fed's Favorite Inflation Indicator Out Today
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: CCEP, AZN, PANW
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    AI Stocks Are on Fire. Marvell Joins Nvidia in the Hot Stocks.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 24 min )
    Intel Risks Being Left Behind as Nvidia Ups AI Lead
    (Bloomberg) -- Nvidia Corp. gave investors what they were looking for this week: concrete evidence that the surge in artificial intelligence is resulting in a sales boost. Nearly lost in the euphoria that the chipmaker set in motion, however, was a warning that not all are going to join in the feast.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsApple Plans to Turn Locked iPhones Into Smar  ( 10 min )
    Biden and Republicans are $70 billion away from settling their debt ceiling squabbles
    US debt ceiling talks appear to have overcome an impasse and are now close to finding a resolution.  ( 8 min )
    Marvell Rallies After Chipmaker Promises Big Gains From AI
    (Bloomberg) -- Marvell Technology Inc. surged more than 21% in late trading after the chipmaker said it expects revenue from artificial intelligence to soar this year, capitalizing on a spending boom that also sent Nvidia Corp. on a record-setting rally this week. Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsFirst Republ  ( 7 min )
    U.S. Stock Futures Fall Ahead of Key Inflation Data
    U.S. stock futures fell early Friday as investors held tight for updates on the debt ceiling negotiations and awaited the Federal Reserve’s preferred inflation metric. While tech outperformance, following Nvidia’s earnings, largely drove Thursday’s gains on Wall Street, there were also positive sig  ( 28 min )
    Market Optimism Over Debt Deal May Pave Way for Monday Selloff
    (Bloomberg) -- Asian investors remain on edge before the weekend amid concern US debt-ceiling negotiations may still break down or could result in draconian spending cuts that crimp global economic growth.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bu  ( 7 min )
    Georgian billionaire wins $926 million from Credit Suisse after fraud
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    Dow Jones Futures Fall: Nasdaq Jumps As Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible
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    Nvidia CEO Jensen Huang just added $7 billion to his net worth after AI frenzy drives the chipmaker's stock to its biggest 1-day market value gain in history
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  • Open

    Dow Jones Today: Index Up on Debt Ceiling Hopes
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  • Open

    Klarna vs. Afterpay: Which Should You Choose?
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    Marvell Technology Is the Latest Tech Firm to Benefit From AI
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  • Open

    Overheid VS heeft zonder deal schuldenplafond pas op 5 juni geen geld meer
    De Verenigde Staten zitten waarschijnlijk pas op 5 juni zonder geld als er geen politiek akkoord komt over een verhoging van het schuldenplafond van de Amerikaanse overheid. Met die inschatting is minister van Financiën Janet Yellen vrijdag gekomen. 5 juni is later dan eerder werd voorspeld.  ( 4 min )
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    Tesla volgens Duitse privacytoezichthouder getroffen door groot datalek
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    Ook Britse supermarkten beschuldigd van graaiflatie
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    Lufthansa wil na eerste deel ook rest van Italiaanse vliegmaatschappij opslokken
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    La Place keert via HEMA terug in het warenhuis
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    Gevaarlijk speelgoed en ongezonde spullen uit buitenland worden verboden
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 3 min )
    Verkoop van gevaarlijke spullen uit Aziatische webshops aan banden gelegd
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 3 min )
    Verkoop van gevaarlijke producten uit Aziatische webshops aan banden gelegd
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 4 min )
    Cuba is te arm om genoeg voedsel te produceren, laat staan te importeren
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    Elon Musks Neuralink mag gedachtenlezer op mensen gaan testen
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    Dagen van de acceptgiro zijn na bijna vijftig jaar geteld
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    We moeten nog minimaal een jaar wachten op het échte 5G
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    Laatste dagen van de acceptgiro zijn na bijna vijftig jaar geteld
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  • Open

    Ford and Tesla to Partner on Electric Vehicle Charging
    Rival automakers Ford and Tesla announced a partnership to share 12,000 EV charging points, following a Biden Administration plan for American-made EV solutions.  ( 1 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 1 min )
    Gap Posts a Surprising Profit as Margins Improve
    Gap reported an unexpected quarterly profit as restructuring efforts and lower costs boosted margins.  ( 1 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 1 min )

  • Open

    Are Today’s Mortgage Rates Up or Down? Making Sense of Conflicting Headlines
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    Industrial Revolution Definition: History, Pros, and Cons
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    Top CD Rates Today, May 25
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    Americans’ Retirement Savings Rise for Second Straight Quarter
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    Delinquency vs. Default: What's the Difference?
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    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
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    What Is Dead Money?
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    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
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    What Is a Co-Applicant? Definition, Example, Vs. Co-Signer
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    What Is Brand Personality? How It Works and Examples
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    Fahrenheit Consortium Wins Auction for Crypto Lender Celsius' Assets
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    Listing Broker
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    Today's Mortgage Rates & Trends - May 25, 2023: Rates Falter
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    Work Requirements Wouldn’t Dent Federal Budget
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    Leveraged Buyout (LBO) Definition: How It Works, with Example
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    Nvidia Nears $1 Trillion In Market Capitalization
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    Fitch Issues US Credit Warning over Debt Ceiling Delays
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  • Open

    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
    U.S. equities were mixed on Thursday, May 25, 2023 as Nvidia's results and outlook helped send the Nasdaq and S&P 500 higher, while the Dow fell on growing concerns about a possible government default.  ( 1 min )
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    Nvidia shares surged after the AI chipmaker posted a blowout revenue forecast and Fitch put the U.S. credit rating on watch as debt ceiling negotiations drag on. Here’s what investors need to know today.  ( 1 min )
  • Open

    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
    Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.  ( 1 min )
    Nvidia Nears $1 Trillion In Market Capitalization
    Nvidia shares surged more than 20% Thursday to all-time highs, pushing the chipmaker’s market capitalization to a new record just shy of $1 trillion.  ( 1 min )
    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
    Accenture Federal Services has won a spot on a seven-year purchase agreement worth up to $2.6 billion in contracts to modernize IRS systems.  ( 1 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 1 min )
  • Open

    Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why.
    Amazon is the world's largest cloud-computing company. But investors ignored the stock on a day when many other plays were up sharply.  ( 23 min )
    Nvidia stock gained $184 billion in a day, vaulting it past Tesla. But a top analyst now calls it ‘priced for fantasy.’
    David Trainer, founder of investment research firm New Constructs, ran a model showing Nvidia stock is unlikely to reward future investors at this level.  ( 9 min )
    Marvell Stock Soars on AI Earnings Remarks
    The chip maker's CEO says that "AI has emerged as a key growth driver for Marvell."  ( 22 min )
    Paramount Global Controlling Shareholder Gets $125 Million Investment
    The cash infusion in Shari Redstone’s National Amusements comes weeks after Paramount cut its dividend, a key source of income for Redstone and her family.  ( 27 min )
    Chipmaker Marvell Beats Estimates, Calls AI 'A Key Growth Driver'
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    Workday Earnings, Revenue Top Estimates; Outlook In Line. WDAY Stock Jumps
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    Icahn Enterprises continues to tumble following Hindenburg short report, Bill Ackman's responses
    The business empire of corporate raider and activist investor Carl Icahn continues to tumble amid the fallout following a recent report from short-selling firm Hindenburg Research — and losses are accelerating as a longtime rival echoes the firm's allegations. In the report, published on May 2, Hindenburg claimed that Icahn Enterprises has been using inflated asset valuations. Based in Sunny Isles Beach, Florida, Icahn Enterprises has stakes in businesses ranging from food packaging and automotive to real estate and pharmaceuticals.  ( 8 min )
    US economy beats back 'dubious' recession fears after GDP, jobs data top expectations
    Despite fears of a recession, incoming data continues to point to an economy that's growing.  ( 7 min )
    Qualcomm: Why its stock, along with Nvidia, should get a boost from the AI boom, too
    Though the AI boom has massively benefited Nvidia, AI – and generative AI specifically – also marks a major opportunity for other chip companies like Qualcomm, the company's SVP of Product Management Ziad Asghar told Yahoo Finance Live.  ( 8 min )
    2 Stocks to Play the AI Boom, From Nvidia CEO’s Earnings Call Remarks
    On the company's earnings call, CEO Jensen Huang may have pointed to two good AI plays.  ( 30 min )
    What would happen to a Treasury bill after default? Six key questions
    The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as June 1. For holders of Treasury bills, notes and bonds, that raises uncertainty over whether the issues they hold will be affected, and what happens if the debt is not repaid or an interest payment is skipped. No. Treasuries do not have any cross default provisions so a skipped payment on one issue will not necessarily impact others.  ( 7 min )
    Nikola stock at risk of delisting, closes at all-time of low of 62 cents
    Nikola shares touched a 52 week low. The stock has closed under $1 for more than 30 consecutive business days and is at risk of being delisted.  ( 8 min )
    Nikola stock at risk of delisting, hits all-time of low of 60 cents
    Nikola shares touched a 52 week low. The stock is at risk of being delisted.  ( 7 min )
    Alibaba's Strategic Growth: Announces Plan to Hire 15,000 Despite Downsizing Reports
    Alibaba Group Holding Limited (NYSE: BABA) shared plans to hire 15,000 people in 2023, sharply contradicting reports of its layoff plans. The Chinese e-commerce platform voiced a requirement of 15,000 recruits for its six major business divisions. The company said it would recruit 3,000 university graduates. Also Read: Navigating Alibaba's Bumpy Road: Analyst Holds Positive, Adjusts Price Target Downward Alibaba snubbed reports of layoffs as "rumors" and said employee departures are part of the  ( 7 min )
    Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge
    (Bloomberg) -- Cathie Wood’s flagship exchange-traded fund closed out its Nvidia Corp. stake in early January. Then, came the artificial intelligence frenzy that sent the stock and its big tech peers on a tear.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofFirs  ( 8 min )
    U.S. Treasury debt announcement signals to some June 1 is not 'X-date'
    Treasury's Bureau of Fiscal Management said it would auction $119 billion of 3-month and 6-month bills on Tuesday, with the sales formally settling two days later on June 1. According to research firm Wrightson ICAP, the bureau would not typically announce an upcoming sale "until it is certain that it has room under the debt ceiling for the new securities."  ( 7 min )
    The Best Investor You've Never Heard Of Is A Self-Made Billionaire Optometrist Inventor
    Meet Dr. Herbert Wertheim, the billionaire optometrist who Forbes hailed as “the greatest investor you’ve never heard of.” He quietly built a stock portfolio estimated at $4.6 billion. Affectionately known as Dr. Herbie, Wertheim has built his portfolio through traditional, time-tested investment strategies. By primarily investing through ordinary Fidelity Investments and Charles Schwab accounts, he has been able to steadily grow his wealth. Don't Miss: Why Jason Calacanis and Other Silicon Vall  ( 8 min )
    Biden, McCarthy Close to Deal on Debt Ceiling, According to Report
    President Joe Biden and House Speaker Kevin McCarthy are coming close to a deal on the debt ceiling, according to a report from Reuters that cited a person familiar with the matter. The Dow Jones  ( 25 min )
    Warren Buffett Makes Mistakes Too — This One Cost $11 Billion
    Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments. Buffett has acknowledged a costly “mistake” that impacted the conglomerate’s financials. Despite earning $42.5 billion in 2020, Buffett revealed in his annual letter to shareholders that the company had incurred a substantial loss of $11 billion because of an ill-fated acquisition. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Start  ( 8 min )
    There’s an AI war, and Nvidia is the only arms dealer: Analyst
    Shares of Nvidia ripped higher Thursday, as the company rides the AI wave.  ( 8 min )
    JPMorgan not renewing First Republic customers' personal credit lines -source
    The affected clients are being offered the option to transform their revolving credit lines into fixed-term loans at the same rate for a period of up to five years, the report said, adding First Republic is also asking customers if they would prefer to pay off their credit lines. First Republic's business model was to lure high net-worth customers with preferential rates on mortgages and loans.  ( 7 min )
    The Nasdaq Is About to Break Out Thanks to Nvidia. Here’s How High It Could Go.
    Thursday’s gain brings it closer to 13,000, the index’s recent peak in August and a level it hasn’t retuned to since.  ( 23 min )
    Nikola Stock Is Plunging. Could It Be Delisted?
    Shares of Nikola, a provider of electric vehicles and fuel-cell technology, are down more than 17% Thursday. There are a couple of reasons why, including the stock's own depressed price.  ( 22 min )
    Pratt & Whitney says India's Go First has no right over engines
    Pratt & Whitney has no engines currently available for India's Go First airline, which also has no rights over them, the counsel for the U.S. firm told a Delaware court on Thursday as the two companies engaged in a raging dispute over the supplies. The Indian airline has approached the Delaware court to enforce an arbitration order it won in Singapore against Pratt & Whitney, which it blames for its financial troubles and argues the U.S. firm failed to supply engines on time. Pratt says those claims are without merit.  ( 6 min )
    Carl Icahn's IEP slumps after old rival Ackman reignites feud
    Icahn Enterprises LP's stock tumbled as much as 24.7% to $18.03, deepening losses of more than 60% that were recorded following short-seller Hindenburg Research's scathing attack on the company three weeks ago. In a memorable clash a decade ago, the billionaire had shorted supplement company Herbalife, in which activist investor Icahn was a shareholder.  ( 7 min )
    Rivian Is If ‘Google and Toyota Had a Baby.’ That’s Good for the Stock.
    The EV upstart is on the right path, says one analyst.  ( 22 min )
    What's Going On With Stratasys Stock Today
    Stratasys, Ltd (NASDAQ: SSYS) stock is trading higher Thursday following Nano Dimension Ltd's (NASDAQ: NNDM) unsolicited special tender offer to acquire between 53% and 55% ownership of Stratasys. Nano Dimension proposed to acquire between 53% - 55% ownership of Stratasys for $18.00 per share in cash. Nano Dimension's all-cash special tender offer represents a premium of 26% to Stratasys' closing price of $14.26 as of March 3, 2023. Nano Dimension has been trying to woo Stratasys since at least  ( 7 min )
    Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours
    Once upon a time, retirement in America was referred to as "a three-legged stool." The first leg was your expected Social Security benefits, the second leg was your own personal savings and the third was something old-timers called a pension. … Continue reading → The post Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours appeared first on SmartAsset Blog.  ( 8 min )
    Nvidia Short Sellers Lose $2.3 Billion in One Day as Stock Soars
    (Bloomberg) -- Traders betting against Nvidia Corp. suffered massive losses as the chipmaker’s stock surged to a record high after it forecasts sales that far surpassed the average analyst estimate. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseJPMorgan Tells 1,  ( 7 min )
    Intel Stock Sinks as Nvidia Pops
    Intel stock was falling sharply Thursday as investors sold shares of the tech company amid competitive concerns as Nvidia reported strong earnings. Intel (ticker: INTC) was the worst performer in the Dow Jones Industrial Avera  ( 25 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Nvidia Stock Surge Is a Warning to Tesla—and Vice Versa
    The chip maker's incredible quarter—and share price gain—holds both promise and peril for another stock market darling.  ( 26 min )
    Icahn Enterprises Stock Continues to Drop. Bill Ackman Weighs In.
    A long-running feud between activist hedge fund managers Carl Icahn and Bill Ackman is revived as the latter tweets about the embattled shares of the former's investment vehicle.  ( 26 min )
    Nvidia stuns markets and signals how artificial intelligence will reshape technology sector
    Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. Late Wednesday the maker of graphics chips for gaming and artificial intelligence reported a quarterly profit of more than $2 billion and revenue of $7 billion, both exceeding Wall Street expectations. "It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s Christopher Rolland and Matt Myers wrote Thursday.  ( 8 min )
    Oil Falls as Russia Says OPEC+ to Hold Steady, Stronger Dollar
    (Bloomberg) -- Oil fell as the dollar strengthened and Russia played down the likelihood of OPEC+ cutting production further.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewWest Texas Intermedi  ( 7 min )
    Gen Z should never work from home if they want success—or love, NYU professor says
    He also claimed that work-life balance is a myth.  ( 8 min )
    Palantir, AMD, and Other AI Stocks Rally on Nvidia’s Earnings
    The chip maker's blowout guidance sent shares of other AI-exposed companies, such as Microsoft and Alphabet, higher.  ( 23 min )
    Carl Icahn's Power Play at Illumina: Potential Board Changes and Management Overhaul
    According to undisclosed sources, activist investor Carl Icahn is poised to secure enough shareholder support to place Andrew Teno, an Icahn nominee, to join the board of Illumina Inc (NASDAQ: ILMN). However, it should be noted that the tally has not yet been finalized, and shareholders still have the opportunity to modify their votes before the commencement of the company's annual shareholder meeting on Thursday, Reuters reported. Also Read: Carl Icahn Admits Making A Mistake On Bearish Bet, Sa  ( 7 min )
    Oil down 3% on “no new OPEC cut”; Russians speak for Saudis
    The Russians aren’t helping the price of oil — to the delight possibly of the West and the utter frustration likely of other producers within the OPEC+ alliance, not to mention market bulls. Crude prices tumbled some 3% Thursday after Russian Deputy Prime Minister Alexander Novak, who is also the nation’s de facto oil minister, said he expected no new steps from OPEC+ at its meeting on June 4. Given that Saudi Energy Minister Abdulaziz bin Salman had hinted just 24 hours earlier of the possibility of another round of production cuts at the meeting, Novak’s remarks meant only one thing — that the alliance will keep output unchanged.  ( 8 min )
    Dow Jones Falls After Surprise Drop In Jobless Claims; Nvidia Soars 25% On AI Chip Demand
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    Medtronic Slumps On Light Earnings Outlook; Announces $738 Million Buyout
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    McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
    (Bloomberg) -- Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit as the clock ticks down to the point when the Treasury runs out of cash.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill  ( 6 min )
    ‘We’re Going Up’: Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Stocks — Here’s Why You Should Follow
    The phrase ‘a recession is coming’ has attained a mantra-like quality in recent times, reflecting the prevailing belief that a downturn in the economy is imminent. However, taking a stance in opposition to the doom sayers, billionaire Steve Cohen is keeping an optimistic outlook. “I’m making a prognostication — we’re going up,” Cohen said recently. “I’m actually pretty bullish.” That might be a bold statement to make right now, but it’s not as if Cohen has had no success in taking the fearless r  ( 10 min )
    Hedge fund billionaire Bill Ackman goes for the jugular with his archrival Carl Icahn on the ropes, comparing his firm to the infamous implosion of Archegos
    Personal loans secured against the value of Icahn's ownership in his own investment firm could prove highly unstable, the Pershing Square founder warns.  ( 9 min )
    How Much Money Can I Make Before the IRS Considers My Hobby to be a Taxable Business?
    Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue Service (IRS) decides if the business is actually a hobby or not. If the IRS says it is, you … Continue reading → The post IRS Hobby vs. Business: What It Means for Taxes appeared first on SmartAsset Blog.  ( 9 min )
    Costco earnings preview: State of the consumer, potential membership price hike in focus
    Costco (COST) is set to report earnings Thursday after market close as consumers search for value offerings amid higher grocery prices and continue to move away from spending on big ticket items.  ( 8 min )
    First Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bust
    (Bloomberg) -- First Republic Bank made its name catering to wealthy clients across California and New York, reeling in many with unusually sweet mortgages that eventually doomed the firm.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘So  ( 9 min )
    XPeng Catches New Sell Rating. Things Are Bad and They’re Not Getting Better.
    Thursday, Barclays analyst Jiong Shao downgraded XPeng to Sell from Hold. His price target went to $6 a share from $8.  ( 22 min )
    Wall Street Is Rethinking Its Gloomy Outlook for Stock Market
    (Bloomberg) -- Stock market strategists and portfolio managers who expected equities to go nowhere in 2023 are changing their tune as their fears transform into the fear of missing out on a potential rally. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths  ( 8 min )
    Dollar Tree Stock Falls. ‘Elevated Shrink’ Leads to Profit Guidance Cut.
    The discount retailer posts first-quarter adjusted earnings of $1.47 a share, below analysts' expectations of $1.53.  ( 26 min )
    Nvidia stock explodes after 'guidance for the ages': What Wall Street is saying
    Nvidia cements its market darling status after blowout quarter and outlook.  ( 9 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewSinc  ( 14 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths Soar on Everest After Record Number of Climbers Attempt SummitSinc  ( 14 min )
    Nasdaq futures surge as Nvidia soars: Stock market news today
    Stocks were mixed on Thursday morning as Nvidia led a tech rally despite debt ceiling concerns hanging over broader markets.  ( 8 min )
    3D printer maker Stratasys to merge with Desktop Metal in deal valued at $1.8 billion
    The transaction comes after Stratasys rejected multiple takeover offers from Nano Dimension Ltd, its largest shareholder with a 14.2% stake. Nano on Thursday launched a hostile $18.00 per share all-cash offer to boost its stake in Stratasys to between 53% and 55%. Desktop Metal stockholders will receive 0.123 ordinary shares of Stratasys for each share of Desktop Metal Class A common stock.  ( 7 min )
    Ford Stock Is Upgraded. What the Company Didn’t Say That Did It.
    Daiwa analyst Jairam Nathan upgrades shares of Ford to Hold from Sell. What the auto maker didn't say at its analyst event is the reason.  ( 22 min )
    UPDATE 2-Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as the medical device maker expects stronger dollar to continue dragging its sales down in international markets. Medtronic has warned of a delayed improvement in earnings this year as its costs continue to remain high despite restructuring efforts. It expects profit to be in the range of $5 per share to $5.10 per share for the fiscal year 2024, lower than analysts' estimates of $5.20 per share, according to Refinitiv IBES data.  ( 6 min )
    Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc beat Wall Street estimates for quarterly profit on Thursday, helped by a recovery in non-urgent surgical procedures that were delayed during the pandemic as well as strong demand for its heart and diabetes devices. Excluding items, the Dublin-based medical device maker reported a profit of $1.57 per share for the fourth quarter, slightly above analysts' average estimate of $1.56 per share, according to Refinitiv IBES data.  ( 6 min )
    White House, Republicans seek to close US debt-ceiling deal as deadline nears
    The White House and congressional Republicans on Thursday are expected to resume negotiations on a deal to raise the government's $31.4 trillion debt ceiling, with as little as a week remaining until a potential economically catastrophic default. Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy are at odds over spending, taxes and work requirements for anti-poverty programs. "We'll continue to work through this, try to get a solution," McCarthy, the top Republican in Congress, told reporters after his negotiators returned from a four-hour White House meeting on Wednesday.  ( 7 min )
    These Stocks Are Moving the Most Today: Nvidia, AMD, Snowflake, Splunk, UiPath, American Eagle Outfitters, and More
    Nvidia issues a bullish sales forecast for its fiscal second quarter and the stock soars, Snowflake slashes its revenue outlook, and Splunk's adjusted earnings easily top estimates.  ( 23 min )
    ‘I’ve never saved a dime’: Shark Tank’s Barbara Corcoran has spent her millions—including giving half of it away
    The Shark Tank star said she got her spending philosophy from her mother—and it's served the real estate titan well.  ( 8 min )
    TD, RBC miss profit estimates as bad loan provisions rise; CIBC beats
    Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the lender into building higher provisions to prepare for more borrowers falling behind on their loan repayments. Net income fell 14% to C$3.65 billion ($2.70 billion) or C$2.58 per share for the three months ended April 30, compared with C$4.25 billion, or C$2.96 per share, a year earlier.  ( 6 min )
    Snowflake Plunges as Sales Forecast Miss Signals Cloud Woes
    (Bloomberg) -- Snowflake Inc. gave a sales outlook for the current quarter that fell short of expectations, suggesting that many companies are trimming their spending for cloud software amid uncertain economic conditions. The shares declined more than 12% in extended trading.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Bigges  ( 7 min )
    Nvidia Earnings Spark Huge AI Stock Rally. The Hype Keeps Building.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    A Cheaper Way to Bet on AI Than Investing in Nvidia
    Nvidia shares jumped after it forecast a revenue tailwind from the artificial-intelligence race, but if you don’t want to shell out for the expensive stock, there are other options.  ( 27 min )
    China Equity Rout Deepens as Traders Rush to Sell Before Holiday
    (Bloomberg) -- Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings from electric-vehicle maker XPeng Inc. spurring a selloff in automobile shares.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car Roof  ( 8 min )
    Nvidia is on track to break a stock market record held by Apple in the US
    Chipmaker Nvidia’s upbeat earnings gave its stock a boost unprecedented in the company’s history and in the history of the US stock market.  ( 8 min )
    Nvidia surges past $900bn market value after forecast surprise—but its CEO warns Biden’s chip controls have the industry’s ‘hands tied’
    Nvidia shares jumped almost 25% in extended trading after the chipmaker gave a revenue forecast 50% higher than analyst estimates.  ( 9 min )
    Netflix’s Password Crackdown Has Put Me in a Tough Spot. Who’s Going to Pay for My 3 Adult Children?
    Netflix's new "paid sharing" policy could boost revenue and improve profits. But it's a big headache for parents with adult children.  ( 22 min )
    China Warnings Flash Across Global Markets as Growth Disappoints
    (Bloomberg) -- China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity prices and weakening equity markets.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out and  ( 8 min )
    Icahn vs. Illumina: The CEO’s Job—and Icahn’s Reputation—Are on the Line
    Activist investor Carl Icahn is seeking to unseat Illumina’s chairman and its CEO, and put three of his own people on the company’s board.  ( 22 min )
    Nvidia Set to Beat Apple for Record Single-Day Market Value Gain
    (Bloomberg) -- Nvidia Corp. may be poised for a record one-day jump in value for a US company after it raised its outlook on voracious demand for chips used in artificial intelligence applications.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out a  ( 7 min )
    Why are you suddenly being asked to tip more? It could be because workers are getting more expensive.
    In addition to waiters, baristas, and drivers, Americans are wondering why they're being asked to tip at fast food restaurants and self-checkout.  ( 8 min )
    Russia is the real threat to Saudi Arabia as Moscow targets key oil market, veteran analyst says
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    Twitter almost blew its big moment as ‘melting’ servers and decimated staff struggled to keep the lights on for DeSantis announcement
    Elon Musk blames overloaded servers for Twitter Spaces crashing while Florida governor Ron DeSantis announces his presidential run on the platform's live audio feature.  ( 7 min )
    Nvidia Ignites AI Chip Stock Rally After ‘Blow-Out’ Forecast
    (Bloomberg) -- Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent a complex of stocks tied to the burgeoning technology soaring. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends  ( 7 min )
    Nvidia sees “two simultaneous transitions” in tech—and investors are psyched
    With companies like Google and Microsoft racing to integrate artificial intelligence into their services, there’s already one clear winner: Nvidia, which makes the chips powering the AI boom.  ( 7 min )
    ‘Yesterday’s Losers, Tomorrow’s Winners’: Goldman Sachs Says These 2 Energy Stocks Are Poised for a Turnaround
    In physics, gravitation dictates that what goes up must come down. The stock market, however, is a bit less predictable. Stocks can follow the crowd, buck the market’s trend, or just mosey along. This year, energy stocks are bringing up the bottom of the pack, underperforming the broader markets. However, it’s worth noting that what goes down can still come back up. In this regard, the investment giant Goldman Sachs has been identifying energy stocks that are primed to recoup their losses — and  ( 11 min )
  • Open

    DNB-president Knot wil dat ECB de rente tot en met juli blijft verhogen
    De Europese Centrale Bank (ECB) zal de rentetarieven in de eurozone ook in juni en juli nog moeten verhogen om de hoge inflatie onder controle te krijgen. De inflatie blijkt namelijk hardnekkiger dan verwacht, benadrukt president Klaas Knot van De Nederlandsche Bank (DNB) in een interview met vier grote Europese kranten.  ( 4 min )
    Personeel van autofabriek Nedcar gaat weer staken
    Medewerkers van de Nedcar-autofabriek in het Limburgse Born gaan volgende week weer staken. Ze hebben een bod voor een sociaal plan van eigenaar VDL afgewezen.  ( 3 min )
    Gasprijs in duikvlucht: gas is al twaalf keer zo goedkoop als vorige zomer
    De marktprijs voor gas blijft maar dalen en is donderdag gezakt naar 25 euro per megawattuur. Dat is vier keer zo laag als begin dit jaar en zelfs twaalf keer lager dan in augustus 2022. Uiteindelijk zien we dat ook terug op de energierekening.  ( 4 min )
    Explainer | Hoe Europa gezamenlijk de gasprijs omlaag duwt
    De gasprijs blijft de laatste maanden maar dalen. Die daling heeft meerdere oorzaken. Nieuw is dat EU-landen, samen met een aantal andere Europese landen, gezamenlijk gas kunnen inkopen. Dat werkt zo.  ( 3 min )
    ECB wil dat EU-landen energiesteun afschaffen om hoge inflatie tegen te gaan
    EU-lidstaten zouden hun steunmaatregelen die zijn bedoeld als compensatie voor de hoge energieprijzen moeten afbouwen. Zo kunnen de nationale overheden de hoge inflatie tegengaan, zegt beleidsmaker François Villeroy de Galhau van de Europese Centrale Bank (ECB).  ( 3 min )
    Duitsland belandt in recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Energierekening ietsje lager door daling transportkosten
    De energierekening wordt komend jaar een stukje goedkoper door dalende tarieven voor gastransport. Die tarieven moeten 20 procent omlaag, heeft toezichthouder ACM besloten. En dat zorgt voor een besparing van maximaal 5 procent op de energierekening.  ( 3 min )
    Maker Philips-tv's is nieuwe mouwsponsor van FC Barcelona
    Ambilight TV prijkt vanaf komend weekend op de mouwen van de spelers van FC Barcelona. De sponsoruiting is afkomstig van TP Vision, het bedrijf dat tv's voor Philips maakt.  ( 2 min )
    EU wil 200 miljard euro aan bevroren Russische tegoeden investeren in Oekraïne
    Sinds de oorlog in Oekraïne is in de Europese Unie ruim 200 miljard euro aan Russische tegoeden bevroren. Europa wil dat geld losweken voor de wederopbouw van Oekraïne.  ( 3 min )
    Veel kantoren voldoen niet aan energienorm, maar boetes blijven nog uit
    Hoewel alle kantoren sinds 1 januari minstens energielabel C moeten hebben, zijn er door het hele land nog duizenden gebouwen die niet aan die plicht voldoen. De eerste waarschuwingsbrieven vliegen de deur uit, maar handhaving is lang niet overal even streng.  ( 7 min )
    Bedrijven investeren nog altijd 1.000 miljard dollar in fossiele projecten
    Bedrijven investeren dit jaar wereldwijd voor zo'n 1.000 miljard dollar (ongeveer 930 miljard euro) in projecten voor fossiele energie. Vooral staatsbedrijven in het Midden-Oosten schroeven hun investeringen op. Dat berekende het internationaal energieagentschap IEA.  ( 4 min )
    Google maakt Android-spelletjes speelbaar op Windows-computers
    Ruim honderd spelletjes voor Android-smartphones zijn vanaf vandaag ook speelbaar op Windows-computers. Google heeft de software waarmee dit mogelijk is nu ook uitgebracht in Europa. Volgens het techbedrijf gaat het nog om een test.  ( 3 min )
    Transavia schrapt in juli en augustus opnieuw ruim tweehonderd vluchten
    Transavia schrapt in juli en augustus 210 vluchten vanwege een tekort aan vliegtuigen. Het merendeel van de betreffende reizigers is inmiddels omgeboekt, meldt de luchtvaartmaatschappij donderdag.  ( 3 min )
    Leraren dreigen met stakingen als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden hebben een ultimatum aan het kabinet gesteld dat 16 juni verloopt. Daarin eisen ze een loonsverhoging van 12 procent.  ( 4 min )
    Duitse huishoudens geven minder uit wat leidt tot recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Leraren dreigen met staken als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden stellen een ultimatum aan het kabinet dat 16 juni verloopt en daarin eisen ze een loonsverhoging van 12 procent. Komt die verhoging er niet, dan dreigen ze met acties in het volgende schooljaar.  ( 3 min )
    Vrachtschip vaart weer na enkele uren vastgelopen te zijn in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Opnieuw groot vrachtschip vastgelopen in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Slaaptrein naar Berlijn gaat van start na lange zoektocht naar wagons
    Vanaf donderdag rijdt voor het eerst sinds 2014 weer een reguliere slaaptrein tussen Amsterdam en Berlijn. De Nederlandse start-up European Sleeper heeft na een lange zoektocht genoeg rijtuigen gevonden om mee naar de Duitse hoofdstad te rijden.  ( 5 min )

  • Open

    McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
    (Bloomberg) -- House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the US was put on a ratings watch late Wednesday. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers  ( 8 min )
    Xi Remade China's Tech Industry in His Own Image With Crackdown
    (Bloomberg) -- Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy in his own image. After over a decade in power, an intensifying struggle for tech leadership with the US and a sputtering domestic economy suggest he'll have to once again recalibrate the country's giant internet and manufacturing sectors.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksMcCarthy Says GOP and White House ‘Have Time’ to Reach Debt  ( 11 min )
    Nvidia's results spark nearly $300 billion rally in AI stocks
    Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost $300 billion in market capitalization after chipmaker Nvidia Corp forecast strong revenue growth and said it was boosting production of its AI chips to meet surging demand. Nvidia's stock zoomed as much as 28% after the bell to trade at $391.50, its highest level ever. "With all the enthusiasm around AI and the fact Nvidia delivered a huge beat for first-quarter results and second-quarter estimates, this gives some actual evidence AI is for real," said Daniel Morgan, senior portfolio manager at Synovus Trust in Atlanta.  ( 7 min )
    'BudLighted': Target is latest to face boycott calls over support for the LGBTQ+ community
    “BudLighting” is a strategy of branding companies as “woke” and calling for boycotts over everything from gender-inclusive swimwear to Bud Light beer.  ( 9 min )
    Ackman calls out Icahn's IEP over high premium after Hindenburg report
    The billionaire investor said in a tweet on Wednesday that he was "fascinated" by the situation between the short seller and Icahn Enterprises, while noting that the company's premium had been sustained by a large dividend yield. "The yield is generated by returning capital to outside shareholders, which is in turn funded by the company selling stock to investors," Ackman said, adding the system is highly dependent on the "maintenance of the premium and the placidity of Icahn's margin lender(s)". Bill Ackman declined to comment beyond his tweet.  ( 7 min )
    UiPath Shares Tumble as July Quarter Outlook Disappoints
    The provider of business automation software cautions that results could be affected by a recent reorganization of its sales team.  ( 22 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 16 min )
    Dow Jones Futures: Nvidia Surges Late On Blowout Earnings, Guidance; Other AI Stocks Rally
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    Nvidia Poised for Record Sales as AI Demand Kicks In
    The graphics-chip giant forecast a strong revenue bounce back for the current quarter, driven by growing appetite for generative AI technology.  ( 28 min )
    Verizon warns customer service employees of impending layoffs- The Verge
    More details will be shared by Verizon on May 25, the report said, citing a prerecorded message that employees received. A demand downturn on account of elevated inflation and rising interest rates has forced several U.S. companies ranging from Meta Platforms Inc to Alphabet Inc to lay off thousands of their employees. Verizon in April had missed its first-quarter revenue and free cash flow estimates, hit by wireless subscriber losses as inflation-hit Americans delayed device upgrades and a pandemic-led growth boom fizzled out.  ( 7 min )
    Retirement Crisis: Older Americans Struggle to Afford Life After Work
    Rethink that retirement party. More and more, seasoned workers are defying expectations and staying put in the workforce for a compelling reason-they simply can't afford to retire. That's the finding from a new study by Korn Ferry that found that … Continue reading → The post Retirement Crisis: Older Americans Struggle to Afford Life After Work appeared first on SmartAsset Blog.  ( 8 min )
    Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
    (Bloomberg) -- Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and suggested shares have room to fall after tumbling to the lowest levels since 2009.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers EverywhereWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutRussian Wagner Chief Blasts Outcome of Putin’s Ukraine War GoalsWorld’s Biggest Nuc  ( 7 min )
    3D Printer Company Stratasys Is in Talks to Merge with Alphabet-Backed Desktop Metal
    (Bloomberg) -- Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofUS Equities Pare Losses as Debt-Talks Resume: Markets WrapRussian Wagner  ( 7 min )
    Snowflake Shares Melt as Outlook Disappoints
    While results for the quarter ending in April were solid, the company provided a disappointing outlook for the July quarter, and reduced its full-year view.  ( 22 min )
    AI Chipmaker Nvidia Smashes Quarterly Estimates On Strong Data-Center Sales
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    Snowflake Stock Plunges On Weak Outlook Amid Slower Cloud Computing Growth
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    Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
    Nvidia Corp on Wednesday forecast second-quarter revenue above Wall Street estimates, as the growing popularity of artificial intelligence drives demand for its chips used in powering the technology at big data centers. The company forecast current-quarter revenue of $11 billion, plus or minus 2%. Analysts polled by Refinitiv expect revenue to be $7.15 billion.  ( 6 min )
    Biden administration urges Supreme Court not to hear Apple-Caltech patent case
    The U.S. solicitor general on Tuesday urged the U.S. Supreme Court to reject an appeal by Apple Inc and Broadcom Inc stemming from their $1.1 billion trial loss to the California Institute of Technology in a patent infringement case. Solicitor General Elizabeth Prelogar said the U.S. Court of Appeals for the Federal Circuit was correct when it ruled last year that the companies could not seek to invalidate Caltech's patents in court after Apple failed to raise its invalidity arguments at the U.S. Patent Office.  ( 7 min )
    Bud Light Controversy Spreads to Target, Sending the Stock Lower
    The retailer says employees have received threats since its Pride Month collection was introduced.  ( 22 min )
    Stocks Remain Lower After Fed Minutes. Future of Rate Hikes Uncertain.
    Stocks remained lower Wednesday after minutes from the Federal Reserve's latest meeting showed that several participants were open to pausing interest-rate hikes. The Dow Jones Industrial Average was down 230 points, or 0.7%. The S&P 500 fell 0.7%, and the Nasdaq Composite dropped 0.8%. Minutes fr  ( 24 min )
    How much do I need to retire? A guide to financially making the most of your golden years
    Here's how you can set yourself up financially to make the most out of your post-career years.  ( 8 min )
    Investors Should Prepare for Dividend Stock Rebound, Goldman Strategists Say
    (Bloomberg) -- Companies that pay rich dividends have been stock-market laggards this year as investors piled into growth-oriented tech giants — but that’s about to change, according to Goldman Sachs.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Ou  ( 7 min )
    We're entering a brutal new era for the housing market
    The brutal truth about the housing market's new Ice Age: If you don't already own a home, you're going to be screwed for years to come.  ( 11 min )
    Debt-Ceiling Fear Sends Yields on At Risk T-Bills Above 7%
    (Bloomberg) -- The deadlock in debt-ceiling negotiations is adding to default concern around a number soon-to-mature Treasury bills and also starting to dent investors' appetite for risk more broadly.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and S  ( 8 min )
    AB InBev Stock Falls Again as Bud Light Controversy Continues to Exact a Toll
    The stock is on pace for its worst month in nearly two years.  ( 22 min )
    Nvidia Q1 earnings: AI to power data center, as gaming continues to struggle
    Nvidia will report its Q1 earnings after the bell Wednesday.  ( 8 min )
    The most predicted recession ever maybe won’t happen. Get ready for the ‘asset class recession’
    An asset class recession would hit at a uniquely vulnerable time, as the share of Americans invested in stocks hasn’t been so high since the Great Financial Crisis.  ( 9 min )
    Janet Yellen Warns It Is ‘Almost Certain’ U.S. Would Miss Payments in Early June
    The Treasury secretary says her agency isn’t getting ready for a potential debt default.  ( 27 min )
    Elon Musk Bought This $50,000 Tiny Home To Use As A Guest House, Now A REIT Will Use It To Build Affordable Housing Communities
    Billionaires usually shop for grand mansions, but Elon Musk is not the usual billionaire. In 2022, the Tesla Inc. CEO made headlines by revealing that he owns a tiny home made by Boxabl, a company that specializes in making prefabricated modular housing units. Musk said he uses the tiny home as a guest house. But the unit, called the Casita, comes with plenty of features, including a full-size bathroom, kitchen, appliances, tall ceilings and big windows. Coming in at 361 square feet, the Casita  ( 8 min )
    Dow Jones Drops On McCarthy, Yellen Comments; Tesla Rival Falls On China Demand
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    Biden Administration Paying Americans Thousands of Dollars to Upgrade Their Homes
    On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions of dollars to Americans looking to upgrade their homes, businesses and cars. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families One provision of the law allows Americans making less than $150,000 a year to claim a $7,500 tax credit for buying an electric car. The law also provides $9 billion in rebates to help people ele  ( 7 min )
    XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2
    Chinese pure-play electric vehicle maker XPeng reported a steep drop in sales in the first quarter, likely due to increased competition in the tight Chinese EV market, and an uneven recovery in the China following its lifting of COVID-19 protocols.  ( 8 min )
    Agilent CEO Sees Demand From Small Biotech Nearly ‘Shut Down.’ The Stock Tumbles.
    Analysts downgraded the laboratory instruments maker's stock after it trimmed its profit outlook for the year on a loss of demand.  ( 22 min )
    Nvidia and Meta Have Soared. Now It’s Amazon’s Turn.
    The stock has done well, but it hasn't gotten the narrative boost that some other big tech stocks have.  ( 22 min )
    Wall Street could be just 2 weeks away from a giant market crash, says ‘Dr. Doom,’ who predicted the 2008 crash
    Negotiators have failed to reach a deal so far despite a “hard deadline” looming.  ( 7 min )
    PacWest's latest bid to restore investor confidence
    The California regional lender sold assets of a real estate lending business, its second transaction announced this week.  ( 7 min )
    Meta's ‘Efficiency’ Layoffs Take a Toll on Employee Productivity
    (Bloomberg) -- Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company’s business departments. Now, remaining staff are hoping an uncomfortable limbo at the company can end.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Sl  ( 8 min )
    Wells Fargo Says Buy These 2 High-Yield Dividend Stocks — Including One With 17% Yield
    With EPS beats surpassing misses by a rather normal 4:1 ratio, 1Q23 earnings have been characterized as ‘better-than-feared.’ That said, since the Q1 earnings season began, the S&P 500’s returns have not been particularly impressive. This suggests to Wells Fargo equity analyst Christopher Harvey that rather than being boosted by earnings/fundamentals, the gains accrued so far this year have been driven mostly by “funding and liquidity.” And if that is the case, the omens are not great. “If credi  ( 10 min )
    PTC Therapeutics' Barrage Of Bad News Is Good News For Rival Reata Pharmaceuticals — Here's Why
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    Stocks slide with debt talks, Fed minutes in focus: Stock market news today
    US stock futures slipped on Wednesday morning as investors fretted over a potential US debt default and braced for the release of minutes later from the Federal Reserve's policy meeting in May.  ( 8 min )
    Dividend Stocks Are a Victim of AI’s Success. It’s Time to Buy.
    Dividend-paying stocks are taking it on the chin as investors bet big on an artificial-intelligence boom spurred by ChatGPT. What to buy now.  ( 22 min )
    Debt Ceiling Negotiations Expected to Resume Wednesday Morning
    Negotiations to raise the U.S. debt ceiling are expected to resume Wednesday morning, according to a report from Reuters,and%20avoid%20a%2  ( 25 min )
    Why Analog Devices Stock Is Sinking After Solid Earnings
    The maker of semiconductors posted adjusted earnings of $2.83 a share for the April quarter, up 18% from the same period a year earlier. Quarterly revenue was $3.26 billion, up 10%.  ( 25 min )
    XPeng Stock Dips After Earnings. It Has a Demand Problem.
    Chinese EV maker XPeng reported first quarter results Wednesday. Sales missed Wall Street estimates.  ( 22 min )
    Sure, You Can Now Delay RMDs. But Think Twice Before You Actually Do
    Conventional logic says you should delay withdrawals from your tax-deferred retirement accounts as long as possible to maximize the tax-free compounding that can increase the size of your overall nest egg. But the IRS won't wait forever to get its … Continue reading → The post You Can Now Delay RMDs But Think Twice Before You Do appeared first on SmartAsset Blog.  ( 8 min )
    Agilent Downgraded After Strong Earnings. The Stock Is Diving. Here’s Why.
    The laboratory instruments maker posted earnings of $1.27 per share, better than the $1.26 expected by analysts.  ( 22 min )
    Bitcoin Falls. The Crypto May Be ‘Clinging on by Its Fingertips.’
    Bitcoin's April peak above $30,000 looks increasingly out of reach as U.S. debt-ceiling talks remain a key catalyst for cryptos.  ( 22 min )
    Kohl's reports surprise profit in 1Q helped by inventory cuts
    Kohl's posted a surprise profit for the fiscal first quarter, helped by the department store chain's moves to cut inventory in the wake of weak sales. The company, based in Menomonee Falls, Wisconsin, also affirmed its annual financial guidance, pushing up shares 11% higher in premarket trading on Wednesday. Kohl’s said that it it cut inventory by 6% while it continued to see sales momentum with its Sephora beauty shops and noted that its stores were more productive.  ( 8 min )
    USD/JPY Forecast – US Dollar Displays Resilience Against Japanese Yen
    The greenback continues to look for momentum, as the market is sitting just above the recent ascending triangle.  ( 7 min )
    Dow Jones Futures Fall Ahead Of Fed Minutes; Kohl's Soars On Surprise Profit
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    XPeng Stock Drops After Q1 Earnings and Cautious Outlook: The Details
    XPeng Inc (NYSE: XPEV) reported a first-quarter FY23 sales decline of 45.9% year-on-year, to RMB4.03 billion ($587.31 million), missing the consensus of $741.07 million. The Tesla Inc (NASDAQ: TSLA) rival's quarterly vehicle deliveries decreased 17.9% Y/Y to 18,230. Revenues from vehicle sales decreased 49.8% Y/Y, mainly attributable to lower vehicle deliveries and the discontinuation of new energy vehicle subsidies. Gross margin contracted by 1,050 basis points to 1.7%. Vehicle margin contracte  ( 7 min )
    Kohl’s Delivers a Surprise Profit and the Stock Soars
    The retailer posts earnings of 13 cents a share in its first fiscal quarter. Analysts were expecting a loss of 43 cents.  ( 22 min )
    Buying Alibaba Stock Was a ‘Mistake,’ Al Gore’s Firm Says
    Generation Investment exited its stake in Chinese online giant Alibaba in the first quarter. It bought Microsoft, Texas Instruments, and Coupang stock.  ( 26 min )
    EUR/USD Forecast – Euro Sees Choppy Wednesday
    The euro has gone back and forth during the trading session on Wednesday, as we continue to determine whether or not we can go lower, or if we are going to turn things around.  ( 7 min )
    Chipmaker Analog Devices forecasts weak third-quarter results, shares fall
    The company forecast third-quarter revenue of $3.10 billion, plus or minus $100 million, the midpoint of which was lower than analysts' estimates of $3.16 billion, according to Refinitiv data. Analog Devices also said it expects current-quarter adjusted profit of $2.52 per share, plus or minus 10 cents, below estimates of $2.65 per share. The dour forecast mirrors the weakness seen at peer Texas Instruments Inc last month, with the chip industry struggling to shake off a slump that has led to a pile-up of inventory.  ( 7 min )
    What to do with your money as the U.S. inches toward a debt default
    Everything from the stock market to Social Security payments could be jolted if the U.S. defaults on its obligations.  ( 8 min )
    Bud Light Boycott Already Costs Anheuser-Busch $15.7 Billion
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    Stock futures slide with debt talks, Fed minutes in focus: Stock market news today
    US stock futures slipped on Wednesday morning as investors fretted over a potential US debt default and braced for the release of minutes later from the Federal Reserve's policy meeting in May.  ( 8 min )
    Kohl’s Delivers a Surprise Profit and the Stock Soars
    The retailer posts earnings of 13 cents a share in its first fiscal quarter. Analysts were expecting a loss of 43 cents.  ( 22 min )
    XPeng Stock Is Down. It Has a EV Demand Problem.
    Chinese EV maker XPeng reported first quarter results Wednesday. Sales missed Wall Street estimates.  ( 22 min )
    Analyst Report: Markel Corp
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    Analyst Report: National Fuel Gas Co.
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    Daily Spotlight: Which is the Best Alternative?
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    Market Digest: MKL, GSK, NFG
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    Daily – Vickers Top Buyers & Sellers for 05/24/2023
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    Daily – Vickers Top Insider Picks for 05/24/2023
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    Target’s Pride collection is the latest casualty of increasing intolerance
    Target is pulling some Pride collection products off its shelves after some customers made their homophobic feelings known.  ( 9 min )
    Marketmind: Fears of 6% and US debt jam
    World markets are finally bracing for accidents as the U.S. debt ceiling impasse threatens to empty U.S. government coffers as soon as next week, but a return of 6% policy interest rates to the risk radar is just as jarring. Fear of a technical default on Treasury bills without a bipartisan agreement in Washington to lift the debt limit by June 1 is causing ever more ructions at the short end of the debt market. Tuesday's $35 billion auction of 21-day cash management bills that cover early June required a whopping 6.2% high yield - more than a percentage point above Federal Reserve policy rates.  ( 7 min )
    These Stocks Are Moving the Most Today: Intuit, Palo Alto, PacWest, Agilent, Toll, Nvidia, and More
    Intuit boosts its fiscal-year earnings and revenue outlook but its fourth-quarter profit estimate misses estimates, Palo Alto Networks raises guidance on profit, revenue, and billings for the fiscal year, PacWest sells a real-estate lending arm, and Agilent says customers becoming more conservative with spending decisions.  ( 23 min )
    Nvidia’s $400 Billion Rally Is Set for Reality Check
    (Bloomberg) -- The rally that’s added roughly $400 billion to Nvidia Corp.’s market value this year is about to be put to the test.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a WeekThe chipmaker has been at the heart of this year’s st  ( 9 min )
    Embracer shares plunge as $2bn deal falls through
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Dividend Stocks Are a Victim of AI’s Success. It’s Time to Buy.
    Dividend-paying stocks are taking it on the chin as investors bet big on an artificial-intelligence boom spurred by ChatGPT. What to buy now.  ( 22 min )
    Al Gore’s Firm Says Buying Alibaba Stock Was a ‘Mistake’
    Generation Investment exited its stake in Chinese online giant Alibaba in the first quarter. It bought Microsoft, Texas Instruments, and Coupang stock.  ( 23 min )
    Top Jupiter Fund Manager Says Markets Are Wrong on Fed and Builds Cash
    (Bloomberg) -- Mark Nash is shorting two-year Treasuries — what he calls the most dangerous US bonds — in a bet markets are wrong in predicting the Federal Reserve will cut interest rates this year. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksChina’s New Covid Wave Set to See 65 Million Cases a WeekLuxury Stocks Lose $30 Billion in One Day on Demand FearsMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeWorld’s Richest Man Loses $11 Billion After  ( 7 min )
    Bill Ackman’s Fund Sells at Huge Discount to Asset Value
    Bill Ackman's Pershing Square Holdings trades at a 37% discount to its NAV as investors await his comments Wednesday.  ( 22 min )
    Asia Reopening Stocks Slump on China Covid Wave, US Macro Worry
    (Bloomberg) -- Asian travel and retail stocks fell amid concerns on the latest wave of Covid in China as well as a possible slowdown in the US economy.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy, Graves Signal Impasse in White House Debt TalksChina’s New Covid Wave Set to See 65 Million Cases a WeekMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationShares of luxury bran  ( 6 min )
    Nvidia’s Earnings: Artificial Intelligence Will Be Everything
    The company is leading maker of chips used for videogames, artificial intelligence, and cloud computing applications.  ( 22 min )
    Chip wars with China risk ‘enormous damage’ to US tech, says Nvidia chief
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Treasurys might be the riskiest asset class right now, and it's got nothing to do with the debt ceiling, according to Bank of America's top stock strategist
    "But if we are in this sticky inflationary environment, do you really want to be in cash or bonds?" Savita Subramanian said.  ( 7 min )
    Dow Jones Futures: Market Rally Retreats Amid Debt-Ceiling Drama; Nvidia Earnings Due
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  • Open

    Debt Limitation Definition
    Debt limitation is a bond covenant that seeks to protect current lenders by restricting the amount of additional debt that the issuer might incur.  ( 20 min )
    How Jeff Bezos Became One of the World’s Richest People
    The engineering grad turned hedge fund VP quit a stable job to build “the everything store.”  ( 27 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 16 min )
    Take a Flier Definition
    Take a flier refers to the actions of an investor actively engaging in a high-risk investment opportunity.  ( 21 min )
    Dow Jones Today: Debt Ceiling Delay Drags Down Index
    Stocks fell for a second straight day as negotiations on the debt ceiling continued, with 3M and Boeing helping lead shares lower.  ( 16 min )
    Intuit Shares Sink as Tax Season Revenue Falls Short
    TurboTax maker Intuit missed revenue estimates for key tax season and shares declined.  ( 16 min )
    Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
    Abercrombie & Fitch surprised investors with a quarterly profit, and the retailer boosted its full-year guidance.  ( 16 min )
    Reverse Mortgage vs. Home Equity Loan vs. HELOC: What's the Difference?
    If you have equity in your home and need more cash, a reverse mortgage, home equity loan, and home equity line of credit are great options  ( 26 min )
    Markets Tumble as Debt Ceiling Talks Stall
    U.S. equites sank on Wednesday, May 24, 2023 as negotiations to raise the federal debt ceiling hit a snag, increasing the risk the government might default next month.  ( 16 min )
    Going Green With Exchange-Traded Funds (ETFs)
    As investors become more environmentally conscious, they have access to an increasing number of green exchange-traded funds (ETFs).  ( 23 min )
    Delivery Month Definition in Futures Contracts Plus Codes
    A delivery month is the month stipulated for delivery of the underlying commodity in a futures contract.  ( 19 min )
    Methodology for Savings, Money Market, & CD Rankings
    To help you find the right CD, savings, or money market account, we research 200 financial institutions every business day to unearth the best rates. Here's the criteria we use.  ( 20 min )
    Trillion-Dollar Coin: Meaning, Examples, and Use Cases
    The trillion-dollar coin is a proposed platinum coin with a face value of $1 trillion, which could be used to reduce the national debt.  ( 23 min )
    Empower vs. Vanguard Personal Advisor Services
    Empower (formerly Personal Capital) and Vanguard Personal Advisor Services are both excellent robo-advisors, but Vanguard Personal Advisor Services charges much less in fees.  ( 27 min )
    How to Invest in Gold: An Investor’s Guide
    Maximize your portfolio by learning about investment opportunities in gold, including bullion, mutual funds, futures, mining companies, and more.  ( 27 min )
    Top CD Rates Today, May 24
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Manufacturing Cells
    Manufacturing cells use lean environments by grouping together related equipment and personnel.  ( 18 min )
    Citizens Bank CD Rates: May 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    Where Presidential Candidates Get Campaign Funding
    American citizens of every political persuasion may justifiably wonder where all that money comes from and how it’s spent.  ( 19 min )
    State Oil Fund of the Republic of Azerbaijan (SOFAZ)
    The State Oil Fund of the Republic of Azerbaijan (SOFAZ) is a sovereign wealth fund established by the Republic of Azerbaijan.  ( 20 min )
    5 Tips to Keep in Mind to Begin Options Trading
    Learning just a few basic characteristics about options makes them very useful and easy to understand  ( 21 min )
    What Is a Guarantor? Definition, Example, and Responsibilities
    A guarantor is a person who guarantees to pay a borrower's debt if they default on a loan obligation. Read more about the role of a guarantor in finance.  ( 23 min )
    Amazon Prime Rewards Signature Visa Credit Card: Overview and Benefits
    Find out about the rewards the Amazon Prime Rewards Signature Visa Card offers, how to get it, who qualifies, and alternatives.  ( 26 min )
    How to Find a Financial Advisor or Planner at Any Age
    As you age, saving and investing become higher priorities. Read about finding the best financial professional for your current stage in life.  ( 25 min )
    What Is Revolving Credit? What It Is, How It Works, and Examples
    Revolving credit is an agreement that permits an account holder to borrow money repeatedly up to a set limit while repaying in installments. Here's how it works.  ( 25 min )
    Kohl's Reports Unexpected Quarterly Profit
    Kohl’s (KSS) investors got a positive surprise as the struggling department store chain reported an unexpected quarterly profit of 13 cents per share.  ( 16 min )
    What Is Sovereign Debt and What Are Its Unique Features?
    Sovereign debt is issued by a country's government in order to borrow money.  ( 22 min )
    Understanding Treasury Yields and Interest Rates
    Understanding the factors behind Treasury yields and interest rates is crucial for an investor.  ( 24 min )
    Mortgage Applications Decreased Again Last Week as Rates Climbed
    Homeowners looking to sell their homes are locked into lower rates, and as interest rates climb, would-be sellers are sitting out of the market.  ( 18 min )
    7 Ways To Invest $1,000
    Here are a few ways to invest $1,000 to help it grow.  ( 21 min )
    Revenue vs. Income: What's the Difference?
    Revenue is the total amount of income generated by the sale of goods or services, while income is earnings or profit—revenue minus expenses.  ( 23 min )
    Most Student Loan Borrowers Might Be Unscathed By Higher Interest Rates
    If you’re headed for college, federal student loan interest rates at 13-year highs can be disheartening. For many borrowers, however, interest rates could become virtually irrelevant.  ( 17 min )
    Autotrading Definition
    Autotrading is a trading plan based on buy and sell orders that are automatically placed based on an underlying system or program.  ( 20 min )
    How to Buy Stocks on eToro
    eToro offers an innovative trading platform highlighted by a unique social trading experience. This guide will help you learn how to use eToro's popular platform.  ( 20 min )
    What Is a Gold Bug?
    A gold bug is an investor that is bullish on gold.  ( 21 min )
    Box-Top Order Definition
    A box-top order is an order to buy or sell the best market price.  ( 19 min )
    Today's Mortgage Rates & Trends - May 24, 2023: Rates Surge
    The average mortgage rate on 30-year loans rose for the eighth day in a row, jumping 21 basis points. The 15-year average was also up again, though only modestly.  ( 19 min )
    FTC Investigates Abbott For Alleged Collusion in Federal Baby Formula Contract Bids
    Abbott, the nation’s largest maker of infant formula, is being investigated by the Federal Trade Commission for potentially anti-competitive federal nutrition program bids.  ( 17 min )
    Loss Adjustment Expense (LAE): Definition, How It Works and Types
    A loss adjustment expense (LAE) is an expense associated with investigating an insurance claim. Learn how LAE helps measure a company’s profitability.  ( 21 min )
    U.S. Debt Ceiling Talks Don't Seem Personal to Americans
    Fewer than half of registered voters think a default on the U.S. debt obligations would significantly impact their personal finances, but economists disagree.  ( 16 min )
    When You Can’t Get a Reverse Mortgage
    Reverse mortgages can provide income for retirement. Learn what can make you ineligible for one and what some of the alternatives are.  ( 22 min )
    Sole Proprietorship: What It Is, Pros & Cons, Examples, Differences From an LLC
    A sole proprietorship or sole trader is an unincorporated business with a single owner who pays personal income tax on business profits.  ( 29 min )
    Run on the Fund Definition
    A run on the fund is a situation where a hedge fund faces increasing redemptions, causing the fund managers to sell positions to meet the withdrawals.  ( 19 min )
    10 Biggest Software Companies
    With Microsoft leading the pack, these are the 10 biggest software companies by 12-month trailing revenue.  ( 20 min )
    How do I calculate my gains and/or losses when I sell a stock?
    To begin, you need to know your cost basis, or the price you paid for the stock. If you did not record this information, you should have an order execution confirmation and/or an account statement that covers the date of your purchase with the purchase price.  ( 19 min )
    Bounty Programs Definition
    Bounty programs are rewards, usually in the form of tokens, to promote an initial coin offering (ICO).  ( 19 min )
    Top Restaurant Stocks for Q2 2023
    TH International, Wingstop, and Kura Sushi lead the industry in revenue growth  ( 20 min )
    The Golden Rule of Government Spending: Definition, Applications, US Approach
    The golden rule of government spending is that a government may borrow only to invest, not to finance current spending. Learn how this works in the real world.  ( 22 min )
    Deutsche Bank and Citigroup Admit to Anticompetitive Practices
    Deutsche Bank (DB) and Citigroup (C) on Wednesday admitted to trading sensitive information on U.K. government bonds, and were among five banks found in breach of U.K. competition law.  ( 16 min )
    Retail Sales: Definition, Measurement, as an Economic Indicator
    Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )
    Collateral Source Rule Definition
    The collateral source rule prevents monetary damages from being reduced by the amount that was reimbursed from another source such as insurance.  ( 18 min )
    How Liquid Are Money Market Accounts?
    Money market accounts are highly liquid assets, meaning you can remove cash from them quickly. But that can be limited by withdrawal limits and minimum balance needs.  ( 24 min )
    Understanding the BCG Growth Share Matrix and How to Use It
    The BCG growth-share matrix is a heuristic developed by the Boston Consulting Group used to classify a firm's project outlooks.  ( 23 min )
    Relisted Definition
    Relisted shares require a company to return to good standing by complying with financial standards set by the exchange or regulatory body.  ( 19 min )
    Darla Moore School of Business Definition
    The Darla Moore School of Business is the business school of the University of South Carolina.  ( 19 min )
    Weighted Average: What Is It, How Is It Calculated and Used?
    Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set.  ( 23 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen is set to speak as debt ceiling negotiations continue and the FTC is investigating baby formula manufacturers on collusion charges. Here’s what investors need to know today.  ( 18 min )
    Selena Gomez Will Host Two New Food Network Shows—Here’s How She Made Her Millions
    Singer, songwriter, actor, and businesswoman Selena Gomez has worn many hats in her career—and has amassed a net worth of $95 million doing so, according to Celebrity Net Worth. Her career as an actress, producer, singer, and her makeup brand, Rare Beauty, have contributed to her millions.  ( 21 min )
    Top Mid-Cap Stocks for Q2 2023
    Aspen Technology, RenaissanceRe Holdings, and Healthcare Realty Holdings lead mid-cap stocks in revenue growth.  ( 20 min )
    What Is a W-9 Form? Who Can File and How to Fill It Out
    Form W-9 is an Internal Revenue Service form which is used to confirm a person's taxpayer identification number (TIN).  ( 32 min )
    AAA: Definition as Credit Rating, Criteria, and Types of Bonds
    AAA is the highest possible rating assigned to the bonds of an issuer by credit-rating agencies such as Standard & Poor’s and Fitch Ratings. Read more about these bonds.  ( 22 min )
  • Open

    Intuit Shares Sink as Tax Season Revenue Falls Short
    TurboTax maker Intuit missed revenue estimates for key tax season and shares declined.  ( 1 min )
    Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
    Abercrombie & Fitch surprised investors with a quarterly profit, and the retailer boosted its full-year guidance.  ( 1 min )
    Kohl's Reports Unexpected Quarterly Profit
    Kohl’s (KSS) investors got a positive surprise as the struggling department store chain reported an unexpected quarterly profit of 13 cents per share.  ( 1 min )
    FTC Investigates Abbott For Alleged Collusion in Federal Baby Formula Contract Bids
    Abbott, the nation’s largest maker of infant formula, is being investigated by the Federal Trade Commission for potentially anti-competitive federal nutrition program bids.  ( 1 min )
    Deutsche Bank and Citigroup Admit to Anticompetitive Practices
    Deutsche Bank (DB) and Citigroup (C) on Wednesday admitted to trading sensitive information on U.K. government bonds, and were among five banks found in breach of U.K. competition law.  ( 1 min )
  • Open

    Dow Jones Today: Debt Ceiling Delay Drags Down Index
    Stocks fell for a second straight day as negotiations on the debt ceiling continued, with 3M and Boeing helping lead shares lower.  ( 1 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen is set to speak as debt ceiling negotiations continue and the FTC is investigating baby formula manufacturers on collusion charges. Here’s what investors need to know today.  ( 1 min )
  • Open

    Moederbedrijf Albert Heijn politiek onder vuur over hoge winst en bonus
    Ahold Delhaize, het moederbedrijf van Albert Heijn, kreeg woensdag veel kritiek in de Tweede Kamer vanwege hun prijsverhogingen, hoge winst en beloning voor de topman. Diverse partijen trokken fel van leer omdat ze de lonen van medewerkers te laag vinden, terwijl het bedrijf vorig jaar 2,5 miljard euro winst maakte en topman Frans Muller miljoenen kreeg.  ( 5 min )
    Emmentaler geen beschermd merk omdat het in het Duits 'kaas' betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Emmentaler wordt geen beschermd merk omdat het in Duits 'kaas' betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Emmentaler wordt geen beschermd merk omdat het in Duits gewoon kaas betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Je Netflix-account delen kost voortaan 4 euro per maand extra
    Een Netflix-account delen met vrienden en familie kan behoorlijk schelen in de kosten. Maar Netflix loopt daardoor inkomsten mis. Daarom gaat het bedrijf deze meelifters 3,99 euro per maand extra laten betalen.  ( 4 min )
    Jumbo stopt met flitsbezorging
    Jumbo stapt alweer uit de flitsbezorging. De supermarktketen was daar actief in geworden via een samenwerking met de Duitse flitsbezorger Gorillas. Die is overgenomen door de Turkse branchegenoot Getir. De familie Van Eerd, eigenaar van Jumbo, had ook een belang in Gorillas. Die investering wordt ook teruggedraaid, laat een woordvoerder desgevraagd weten.  ( 3 min )
    Kabinet wil contract met NS verlengen voor merendeel van Nederlandse sporen
    De NS mag op het grootste deel van het Nederlandse spoornetwerk het treinverkeer blijven verzorgen. Het kabinet blijft bij zijn besluit om het contract met het bedrijf voor het hoofdrailnet te verlengen.  ( 3 min )
    Zaak over vergunning NS niet bij juiste rechter ingediend
    De rechtbank Den Haag doet geen uitspraak over de vraag of de NS meer concurrentie krijgt op het spoor. Volgens de rechtbank gaat ze daar als burgerlijke rechter niet over. Bovendien zijn de regionale vervoerders te vroeg naar de rechter gestapt, omdat de vergunning nog niet definitief aan NS is verleend.  ( 3 min )
    Klagend Facebook moet alle documenten geven die Brussel opvraagt
    Facebook moet inzage geven in alle documenten die de Europese Commissie opvraagt. Dat heeft het Hof van Justitie van de Europese Unie bepaald na klachten van Facebook-moederbedrijf Meta. Brussel onderzoekt of het sociale netwerk zich schuldig maakt aan oneerlijke concurrentie.  ( 3 min )
    EU wil dat Nederland energiesteun afbouwt en flexwerk ontmoedigt
    Nederland moet aan de slag met het beperken van de energiesteun en het aanmoedigen van werk via vaste aanstellingen om het personeelstekort te verkleinen. Verder vraagt de Europese Unie in een lijst met aanbevelingen om iets meer zuinigheid. Het begrotingstekort moet ondanks moeilijke economische tijden niet te veel oplopen.  ( 5 min )
    Rente op spaargeld bij alle drie de grote banken naar 1 procent
    Na Rabobank en ING heeft nu ook ABN AMRO laten weten dat de rente op de spaarrekening per 1 juni van 0,75 procent naar 1 procent gaat. Dat geldt voor zowel particuliere als zakelijke spaarrekeningen.  ( 3 min )
    Wat wil jij weten over de huizenprijzen? Stel hier je vragen
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Op ons reactieplatform NUjij waren hier veel vragen over. Want wat betekent dit voor de economie? En is dit het juiste moment om een huis te kopen of kun je beter nog even wachten? Stel je vragen over de huizenprijzen hier.  ( 2 min )
    Jumbo en flitsbezorger Getir stoppen samenwerking
    Jumbo en flitsbezorger Getir beëindigen hun samenwerking. De supermarktketen wil zich richten op de winkels en webshops en stopt met de bevoorrading van de magazijnen van Getir.  ( 3 min )
    Facebook-moederbedrijf verliest flink op verplichte verkoop gifjesplatform GIPHY
    De verplichte verkoop van GIPHY heeft Facebook-moederbedrijf Meta veel geld gekost. Stockfotodienst Shutterstock koopt het gifjesplatform voor 53 miljoen dollar (49,2 miljoen euro). Drie jaar geleden betaalde Meta er nog 400 miljoen dollar voor.  ( 3 min )
    Britten betalen meer voor boodschappen, voedsel 19 procent duurder
    Het leven in het Verenigd Koninkrijk was in april 8,7 procent duurder dan in dezelfde maand vorig jaar. Dat is fors meer dan de 2 procent inflatie die de Britse centrale bank voor ogen heeft.  ( 3 min )
    Grote zorgen bij ondernemers over 'strafheffing' op aardgas
    Ondernemers zijn bezorgd over de extra belasting op aardgas die ze vanaf volgend jaar moeten betalen. Werkgeversorganisaties VNO-NCW en MKB-Nederland spreken van "een strafheffing".  ( 3 min )
    Deel huiseigenaren krijgt subsidie voor verduurzaming woning niet voor elkaar
    Een deel van de huiseigenaren krijgt het niet voor elkaar subsidie aan te vragen voor het verduurzamen van hun woning. Zij vinden het aanvraagproces onbegrijpelijk, ontoegankelijk en zeer tijdrovend, blijkt uit het subsidiemeldpunt van Vereniging Eigen Huis (VEH).  ( 3 min )
    Voor een tientje Netflix en Viaplay kijken is voorbij met arrestatie digitale piraten
    Vier mensen zijn dinsdag opgepakt bij de ontmanteling van een illegale dienst voor internet-tv. De dienst had honderdduizenden abonnees.  ( 3 min )
    Deel huiseigenaren lukt het niet subsidie aan te vragen voor verduurzamen woning
    Een deel van de huiseigenaren krijgt het niet voor elkaar subsidie aan te vragen voor het verduurzamen van hun woning. Zij vinden het aanvraagproces onbegrijpelijk, ontoegankelijk en zeer tijdrovend, blijkt uit het subsidiemeldpunt van Vereniging Eigen Huis (VEH).  ( 3 min )
    Rechter beslist vandaag of NS meer concurrentie krijgt
    NS hoort woensdag van de rechtbank in Den Haag of het meer concurrentie krijgt van andere vervoerders. De staat heeft het grootste deel van het treinvervoer in Nederland na 2025 gegund aan NS. Regionale vervoerders zoals Qbuzz en Arriva zijn gepikeerd dat zij niet mochten meedingen naar treinvervoer en stapten naar de rechter.  ( 5 min )

  • Open

    Down More Than 50%: These 3 Beaten-Down Stocks Could Stage a Strong Rebound, Analysts Say
    Wilt Chamberlain holds the NBA record for career rebounds, with 23,924 in total, or 22.9 per game, for a truly great sustained performance. But rebounds don’t only come in basketball, and a savvy investor, while not likely to pick up 23,924 rebounding stock transactions, can still find plenty of stocks that are primed for rebounds in the current market environment. That environment, with headwinds still in play making every shot more difficult, has left plenty of fundamentally sound stocks under  ( 12 min )
    Target to Pull Some LGBT-Themed Merchandise After Customer Backlash
    Retailer said some shoppers knocked down displays of Pride Month products and threatened store employees.  ( 26 min )
    Lula Lashes Out and Sends Warning to Central Bankers Everywhere
    (Bloomberg) -- There are few, if any, leaders in the world who are publicly lashing out at central bankers more than Brazil’s Luiz Inacio Lula da Silva.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationChina’s $23 Trillion Local Debt Mess Is About to Get WorseChina’s New Covid Wave Set to See 65 Million Cases a WeekThe reasons are inc  ( 10 min )
    Target removes some LGBTQ merchandise from stores ahead of June Pride month after threats to workers
    Target is removing certain items from its stores and making other changes to its LGBTQ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers. Target declined to say which items it was removing but among the ones that garnered the most attention were “tucker friendly” women’s swimsuits that allow trans women who have not had gender-affirming operations to conceal their private parts. The Pride merchandise has been on sale since early May. Pride month is held in June.  ( 7 min )
    Explainer-How could a US debt ceiling default hit regular Americans?
    What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could quickly notice painful blows dealt to their retirement accounts as stock markets swooned, and within days the lack of federal payments could weigh heavily on doctors' offices, retirees and workplaces throughout the country. If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Department could start missing payments on its obligations as soon as June 1, according to the department's chief, Janet Yellen.  ( 7 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Palo Alto Stock Jumps After Profit Tops Estimates, Margins Improve
    The cybersecurity software company posted solid results for its fiscal third quarter ended April 30.  ( 22 min )
    There is 'zero chance' of the US defaulting on its debt, Wharton professor Jeremy Siegel says
    No content preview
    Richard Branson’s Virgin Orbit to Liquidate, Sell Off Assets to Stratolaunch, Rocket Lab
    (Bloomberg) -- Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a  ( 8 min )
    Nio, XPeng Need A Win. Will Their New EVs Deliver?
    No content preview
    World’s Richest Man Loses $11 Billion After LVMH Stock Rout
    (Bloomberg) -- Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods. Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s $23 Trillion Local Debt Mess Is About to Get WorseRussia Pushes India for Help to Avert Global Financial IsolationSaudi Energy Minister Tells Oil Specu  ( 7 min )
    Cybersecurity Firm Palo Alto Earnings Top Estimates On Cloud Growth
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    Stocks sink as debt crunch continues: Stock market news today
    US stocks closed lower Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    JPMorgan accuses US Virgin Islands of harboring Jeffrey Epstein for two decades
    JPMorgan Chase & Co on Tuesday sought to shift blame for failing to snuff out sex crimes committed by the late Jeffrey Epstein, accusing the U.S. Virgin Islands of harboring and shielding the disgraced financier as he abused young women and girls over two decades. The largest U.S. bank made the accusation in a heavily redacted filing in Manhattan federal court, where the U.S. Virgin Islands is suing to hold it liable for providing banking services to Epstein from 1998 to 2013. JPMorgan said Epstein had a "quid pro quo" relationship with the U.S. Virgin Islands' highest-ranking officials, bestowing money and favors in exchange for millions of dollars of tax incentives and looking the other way at his crimes.  ( 8 min )
    Growth Stocks Get Socked As House Leader McCarthy Says Debt Limit Talks "Nowhere Near A Deal;" Stock Market Leader Hits A Pair Of Sell Signals
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    Tesla to pick location for new factory this year, Musk says
    When the Wall Street Journal's Thorold Barker asked Musk at an event if India was interesting, he said, "Absolutely". Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview last week. Tesla announced earlier this year that it would open a gigafactory in Mexico as the world's most valuable automaker pushes to expand its global output.  ( 7 min )
    LVMH and Other Luxury Stocks Fall, Wiping Out Billions. It’s a Concern for Europe.
    European luxury stocks dropped on Tuesday, wiping billions off their valuations, highlighting the sector's importance for the region's market rally.  ( 23 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 9 min )
    'It'll Cost Us Our System As We Know It:' Billionaire Ray Dalio Warns Of A 'Social Problem' Because Of The Debt Ceiling Crisis. Here's How He's Positioning His Portfolio
    The U.S. is on track to default on its payments obligations if the debt ceiling is not raised. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, the problem could extend beyond a debt crisis. “The debt ceiling negotiations is ridiculous because it’s not dealing with the problem,” he said in a YouTube video. The billionaire investor explains that if the debt ceiling is raised, the U.S. will just keep piling on debt. And if the limit does not increase, t  ( 9 min )
    The Two Biggest Names In Artificial Intelligence Are Teaming Up — On AI, Of Course
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    Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron
    The U.S. Commerce Department should add Chinese memory chip maker Changxin Memory Technologies (CXMT) to a trade blacklist after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives' committee on China said on Tuesday. The restrictions this week by China's cyberspace regulator against Micron, the biggest U.S. memory chipmaker, were the latest in a widening trade dispute between the world's two largest economies.  ( 7 min )
    CohBar Stock Doubles: Company Agrees To Merge With Morphogenesis To Advance Late-Stage Oncology Candidates
    Privately-held Morphogenesis Inc has agreed to combine with CohBar Inc (NASDAQ: CWBR) in an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology pipeline. The combined company will focus on advancing Morphogenesis' two technologies that seek to overcome the major obstacles that limit the effectiveness of current immunotherapies in treating cancer. The combined company is expected to operate under the name "TuHURA Biosciences Inc" and to trade  ( 7 min )
    Carl Icahn's wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he's ready to fight back
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    Netflix to charge an additional $8 month for viewers living outside US subscribers' households
    Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service amid a slowdown in growth. To combat password sharing, Netflix said it will limit viewership of its programming to people living in the same household. Subscribers will still be able to watch Netflix when they are traveling.  ( 7 min )
    Warren Buffett Stocks: Google Soars As LULU Stretches For Support
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    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 18 min )
    Apple is investing billions in US-made 5G components as it looks to move manufacturing out of China
    Apple has unveiled a multibillion-dollar deal with Broadcom to produce new 5G radio frequency components in the US. The May 23 announcement comes as Apple—the world’s largest consumer electronics company—looks to spend more than $400 billion on domestic manufacturing.  ( 8 min )
    Gas Stocks Set to Trounce Oil Shares, Says Bank of America
    Shares of companies that drill primarily for natural gas are poised to outperform their oil-focused counterparts by multiples, according to Bank of America analysts. Their argument is based on the assumption that future prices of natural gas will equal or exceed the current futures curve, which slo  ( 19 min )
    Analyst Report: Regency Centers Corporation
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    Kremlin gas profits plunge as tide turns in Putin’s energy war
    Security had to protect the board of Shell at the oil giant's annual general meeting as climate protesters rushed the stage amid more than an hour of disruption.  ( 29 min )
    Visa Stock Plummets. Is Resilient Consumer Faltering?
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    Market Update: REG, GEN
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    Apple Inks Multibillion-Dollar Wireless-Chip Supply Deal With Broadcom
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    The US Treasury may have to break the law to keep the world’s richest nation from default
    Congress is putting US Treasury Secretary Janet Yellen in a tough spot.  ( 7 min )
    AI Will Boost Microsoft and Google, Analysts Say. Worry About These Stocks Instead.
    Enterprise adoption of AI remains one of the biggest prizes for tech companies.  ( 23 min )
    Bud Light Sales Keep Cratering After Transgender Controversy. Price Wars May Be Next.
    Bud Light sales were down 28.4% in the latest week, and parent Anheuser-Busch is now offering big rebates that could cut the cost of a case to under $5.  ( 22 min )
    BJ's earnings tell the whole story of the US economy right now
    BJ's Wholesale Club reported results Tuesday morning that disappointed. But in those results were signs of inflation moderating while consumers grow more cautious, a microcosm of the US economy in one corporate release.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal
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    Apple Announces Multibillion-Dollar Deal With Broadcom to Make Chips in U.S.
    The new multiyear agreement brings manufacturing of some components to the U.S.  ( 22 min )
    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
    Nvidia, the world's most valuable chipmaker, is expected to say revenue and net income shrank by as much as a fifth last quarter, putting its stock's 100% rally so far this year to the test.  ( 19 min )
    ‘Too Cheap to Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $10
    Cathie Wood’s singular investing style has generated huge returns for investors of her ARK Invest ETFs during certain periods (such as during the pandemic). However, it’s a strategy that has also been responsible for racking up losses during other times, such as last year’s bear market. Wood’s preference has always been for disruptors – whether in tech, healthcare, or the auto industry – and even in difficult times, she has not deviated from that path. Whatever you make of her stock choices, Woo  ( 10 min )
    Apple Strikes Multibillion-Dollar Supply Deal With Broadcom
    Apple has entered a multiyear deal with the chip and network equipment maker for components that will be made in the U.S.  ( 25 min )
    Stocks slip as debt crunch continues: Stock market news today
    US stocks opened lower on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Cut Stocks, Buy Gold, Hold Your Cash, JPMorgan’s Kolanovic Says
    (Bloomberg) -- A debt-ceiling negotiation that remains in limbo, elevated recession risks and a hawkish Federal Reserve stance are just a few of the reasons JPMorgan Chase & Co.’s Marko Kolanovic is advising clients to further dump equities and hold onto cash.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden, McCarthy Still Without Debt Deal But Sound Positive ToneSaudi Energy Minister Tells Oil Speculators to ‘Watch Out’Parents Sue Elite Schools for ‘Indoct  ( 8 min )
    AutoZone Stock Falls After Earnings Beat Estimates. Here’s Why.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 25 min )
    How to Make $1,000 Every Month in Passive Income
    Is it possible to earn a paycheck while sitting on the couch watching television? Absolutely, but it takes a bit of work beforehand to set things in motion. By developing online assets, investments and interest payments, you can put your … Continue reading → The post How to Make $1,000 a Month in Passive Income appeared first on SmartAsset Blog.  ( 12 min )
    Can I Make Money Investing in EV Charging Stations?
    If you spot a Tesla on the road, you may be impressed by the sleek style of the car, but you may also find yourself wondering: How do you take an electric car like that on a road trip? How … Continue reading → The post How to Invest in EV Charging Stations appeared first on SmartAsset Blog.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    LVMH, Hermes Spark $30 Billion Luxury Stocks Rout on US Slowdown
    (Bloomberg) -- A blistering rally in luxury goods stocks this year powered by international demand particularly from China has taken a hit, wiping out more than $30 billion from the sector on Tuesday.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekMexico Raises A  ( 8 min )
    Dow Jones Futures Fall After Biden-McCarthy Meeting; Lowe's Slides On Earnings
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    Apple closes in on a $3 trillion stock market valuation
    Apple's stock has been on autopilot this year.  ( 9 min )
    Forint Tumbles as Hungary Diverges From EU on Ukraine, Rates
    (Bloomberg) -- Hungary’s forint weakened the most worldwide as Prime Minister Viktor Orban said his country had split with the European Union on Ukraine and the nation’s central bank prepares to cut interest rates.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekM  ( 6 min )
    Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think
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    Stock futures slip as debt crunch continues: Stock market news today
    US stock futures were lower ahead of the open on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Wall Street Is Downbeat on Steel. The Case Against Nucor, Others.
    J.P. Morgan analyst Bill Peterson launched coverage of the five steel producers. He doesn't really like any of them.  ( 22 min )
    Lowe's Stock: First-Quarter Sales Slip As Lowe's Joins Home Depot With Dour 2023 Warning
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    AutoZone Earnings Beat Estimates. Here’s Why the Stock Is Falling.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 22 min )
    Analyst Report: Anheuser-Busch In Bev SA/NV
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    Analyst Report: TJX Companies, Inc.
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    Lowe’s Stock Sinks. It’s the Latest to Lower Forecasts Amid Retail Gloom.
    Lowe's beat expectations for its first-quarter earnings but cut its full-year earnings and revenue outlook on softer consumer spending.  ( 22 min )
    Daily Spotlight: ESG Interest (and Assets) are Growing
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: TJX, BUD
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    Daily – Vickers Top Buyers & Sellers for 05/23/2023
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    Daily – Vickers Top Insider Picks for 05/23/2023
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    Jamie Dimon warns of 7% Fed rate, banking crisis, bleak commercial real estate
    Investing.com - The U.S. banking crisis, which has claimed a few victims since March, is the direct result of the Fed's fight against high Inflation. Uncertainty about the health of regional banks and rising yields in the money market led to a steady outflow of deposits, bringing banks' balance sheets to their knees.  ( 7 min )
    Ford Stock Has an Uphill Climb
    The Detroit automaker sharpened its pitch to investors, but expectations are already high.  ( 27 min )
    A Housing Bust Comes for Thousands of Small-Time Investors
    They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed.  ( 23 min )
    Citi Says Buyers Plow $21 Billion Into US Stocks
    (Bloomberg) -- Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a Wee  ( 39 min )
    Treasury Bill Yields Rise With Debt Deal Elusive: Markets Wrap
    (Bloomberg) -- US equity futures rose while Treasury yields and a gauge of dollar strength were little changed after President Joe Biden and House Speaker Kevin McCarthy said they had a productive talk on the debt ceiling. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a W  ( 40 min )
    Toyota Shares Plunge in Final Minute of Tokyo Trading
    (Bloomberg) -- Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock market on Tuesday.The stock closed 4.8% lower, its biggest decline since March 2022, shaving about $11 billion from the carmaker’s market value. The benchmark Topix closed 0.7% lower, erasing a gain in afternoon trading as news about Japan’s restrictions on chip-technology exports spurred profit taking.A block of 14.5 million Toyota shares crossed at 1,857 yen per share at the c  ( 38 min )
    AI Stocks Have Momentum. What That Means for Nvidia, Microsoft, Others.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Chevron Oil Deal Looks Like a Bargain. Is It?
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
    On Friday, the Treasury General Account was $60.7 billion, down from $140 billion just a week prior.  ( 37 min )
    Here's why the US doesn't have to pay off its $31 trillion mountain of debt, according to Paul Krugman
    "When governments for one reason or another run up large debts, it is, as far as I can tell, unusual to pay those debts off," Nobel economist Paul Krugman said.  ( 37 min )
    The White House has warned stocks will plunge 45% and a deep recession will strike in the 3rd quarter if the US defaults
    About 8 million jobs could be lost if the US fails to raise its debt ceiling ahead of the upcoming deadline in early June, according to the analysis.  ( 38 min )
    Oil prices rise after Saudi warns short-sellers: 'watch out'
    LONDON (Reuters) -Oil rose on Tuesday supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ cuts to support the market. The gains added to a rally on Monday, when crude gained a tailwind from a 2.8% increase in U.S. gasoline futures ahead of the Memorial Day holiday on May 29 which traditionally marks the start of the peak summer demand season. On the U.S. debt ceiling, White House and congressional Republican negotiators will meet again on Tuesday to resolve a impasse over raising the $31.4 trillion debt limit, with the nation facing the risk of default in as little as nine days.  ( 7 min )
  • Open

    Commercial Lines Insurance: Definition, Types, Vs. Personal Lines
    Commercial lines insurance protects businesses from potential losses they can't afford to cover.  ( 22 min )
    How Do Money Market Accounts Work?
    A money market account (MMA) is similar to checking and savings accounts. Learn how MMAs offer more-competitive interest rates than savings accounts.  ( 23 min )
    What Is a Business? Understanding Different Types and Company Sizes
    A business is an individual or group engaged in financial transactions. Read about types of businesses, how to start a business, and how to get a business loan.  ( 29 min )
    Dividends: Definition in Stocks and How Payments Work
    A dividend is a distribution of earnings, often quarterly, by a company to its shareholders in the form of cash or stock reinvestment.  ( 28 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 16 min )
    How To Get a House for Free (or Almost Free)
    Individuals can find discounted ways to purchase a home through auctions, government programs, or with rental income.  ( 20 min )
    5 Biggest ETF Companies
    With iShares leading the pack, these are the 5 biggest ETF companies by assets under management.  ( 21 min )
    Bernanke: Slow Fed Response Helped Inflation Surge
    There were many inflation causes that culminated in the high prices seen over the last year, but the Federal Reserve's slow response helped fan the flames, according to a new paper by former Fed Chair Ben Bernanke.  ( 19 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 16 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 16 min )
    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 17 min )
    How to Create a Crypto Wallet in 2023
    A crypto wallet is an essential piece of equipment for crypto enthusiasts to have. If you want to personalize your crypto's security, you can learn how to create a crypto wallet and set your security preferences.  ( 22 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 16 min )
    Combined Single Limits: Definition, Example, Benefits, Vs. Split
    Combined single limits is an insurance policy provision where coverage for all components of a claim (bodily injury and property damage) is handled by a single amount.  ( 21 min )
    E-commerce Defined: Types, History, and Examples
    E-commerce is a business model that enables the buying and selling of goods and services over the internet.  ( 31 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 17 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 16 min )
    5 Biggest Oil Tanker Companies
    With Scorpio leading the pack, these are the 5 biggest oil tanker companies by 12-month trailing revenue.  ( 20 min )
    Predatory Lending: How to Avoid, Examples and Protections
    Predatory lending imposes unfair, deceptive, or abusive loan terms on a borrower. Many states have anti–predatory lending laws.  ( 30 min )
    How To Close a Savings Account
    You may want to remain a customer of your current bank and only close your savings account. Find out more about how this quick process is done.  ( 23 min )
    Home Price Trends All About Location, Location, Location
    Housing market demand varies city-to-city by most in a decade.  ( 18 min )
    How to Buy Bitcoin With a Credit Card in 2023
    Learning how to buy Bitcoin with a credit card might seem like a great idea, but there’s a lot to take into consideration to ensure that you are doing it right.  ( 20 min )
    When Clients Ask About Crypto
    Clients need to understand the full picture, including the good and bad of cryptocurrency investing.  ( 25 min )
    How to File for a Tax Extension
    Filing for a tax extension allows you to get extra time to file your tax return. But be warned, even if you extend your filing deadline, you still need to pay on time.  ( 29 min )
    Slippage: What It Means in Finance, With Examples
    Slippage refers to the discrepancy between the expected price of a trade and the price at which the trade is executed.  ( 23 min )
    Top Sports Betting Stocks for Q2 2023
    These are the sports betting stocks with the best value, fastest growth and most momentum best performance for Q2 2023.  ( 22 min )
    Mortgage Fraud: Understanding and Avoiding It
    It is important to know what condition would classify as mortgage fraud and know about the common schemes and scams you should avoid.  ( 25 min )
    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 16 min )
    How to Buy Fractional Shares on Webull
    Webull is a top rated discount broker. Come learn how its fractional share offering can help you build a diversified portfolio.  ( 24 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 16 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 17 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 16 min )
    ChatGPT Passes CPA Exam on Second Attempt
    ChatGPT passed a practice CPA exam on second attempt, not unlike the roughly half of human candidates. But does this experiment mean ChatGPT is coming for accounting jobs?  ( 18 min )
    Top Casino Stocks for Q2 2023
    Light & Wonder is the top casino stock for best value, while NeoGames is the top for fastest growth and most momentum.  ( 21 min )
    How to Trade Options on Webull
    Webull has been our top pick for the best low-cost options trading platform for the past several years. Come learn how to use its solid, commission-free option trading platform.  ( 20 min )
    NINJA Loan: Definition, History, Current Availability
    A NINJA loan is a slang term for a loan extended to a borrower with "no income, no job and no assets."  ( 20 min )
    Venmo, Apple Wallet, and Digital Money Guide for Parents
    A guide for parents on common money apps. Find out why Apple Wallet, Cash App, and children's debit cards stand out among other players such as PayPal and Google Pay.  ( 26 min )
    Today's Mortgage Rates & Trends - May 23, 2023: Rates Move Higher
    The average mortgage rate on 30-year home loans rose for the seventh day in a row, and the 15-year average was also up again. Refinance loans saw fixed rates edge higher, too.  ( 20 min )
    What Is Exposure at Default (EAD)? Meaning and How To Calculate
    Exposure at default (EAD) is the total value that a bank is exposed to at the time of a loan's default.  ( 21 min )
    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
    Nvidia, the world's most valuable chipmaker, is expected to say revenue and net income shrank by as much as a fifth last quarter, putting its stock's 100% rally so far this year to the test.  ( 19 min )
    The Complete Guide to Money Market Accounts
    A money market account (MMA) is a savings account with several features not found in most savings accounts.  ( 29 min )
    5 Things to Know Before Markets Open
    Debt ceiling talks will continue and Lowe’s shares fell after it cut its sales and profit outlook. Here’s what investors need to know today.  ( 18 min )
    Inflation Caused Record Number of Adults To Be Worse Off in 2022
    Financial well-being is the lowest it's been in seven years, according to the Federal Reserve.  ( 15 min )
    Capital Gains Tax: What It Is, How It Works, and Current Rates
    A capital gains tax is a levy on the profit that an investor makes from the sale of an investment such as stock shares. Here's how to calculate it.  ( 35 min )
    Investopedia Credit Card Rating Methodology
    Learn about how Investopedia's credit card rating methodology considers over 70 features of credit cards including proprietary reward points valuation.  ( 21 min )
  • Open

    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 1 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 1 min )
    5 Things to Know Before Markets Open
    Debt ceiling talks will continue and Lowe’s shares fell after it cut its sales and profit outlook. Here’s what investors need to know today.  ( 1 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 1 min )
  • Open

    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 1 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 1 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 1 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 1 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 1 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 1 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 1 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 1 min )
  • Open

    Microsoft zet AI centraal in Windows 11 met persoonlijke assistent Copilot
    Microsoft brengt dit jaar een chatbot voor Windows 11 uit met kunstmatige intelligentie. De Copilot AI werkt binnen het Windows-besturingssysteem en kan helpen bij allerlei taken op de computer. Verder heeft Microsoft nog veel meer plannen met AI, maakte het bedrijf dinsdag bekend.  ( 4 min )
    Europese bierbrouwers geschokt om Ierse plannen
    Europese brouwers zijn geschokt door de plannen van Ierland om uitgebreide gezondheidswaarschuwingen op alcoholproducten te zetten.  ( 3 min )
    Staat wil dat bedrijf dat giftige stoffen in Westerschelde loosde schade vergoedt
    De Staat vindt dat het Amerikaanse chemieconcern 3M de schade moet vergoeden die schadelijke stoffen in de Zeeuwse Westerschelde hebben aangericht. Minister Mark Harbers (Infrastructuur en Waterstaat) heeft het bedrijf aansprakelijk gesteld, laat de landsadvocaat in een brief aan 3M weten.  ( 3 min )
    Gazprom ziet gasexport dalen en boekt fors minder winst
    Het Russische staatsgasconcern Gazprom heeft de winst vorig jaar fors zien dalen met 40 procent tot 15,8 miljard dollar (14,7 miljard euro). Het bedrijf exporteerde minder gas en had ook veel last van belastingverhogingen.  ( 2 min )
    Huishoudens maken dikke winst op hun beleggingen
    Nederlandse huishoudens hebben in de eerste drie maanden van dit jaar ondanks de onrust in de bankensector winst behaald op hun beleggingen. Zij hebben ook meer belegd in aandelen en obligaties van banken, zo meldt De Nederlandsche Bank (DNB).  ( 3 min )
    NU+ | In de zomer energie besparen? Dat doe je met de doucheknop
    Wie in de lente en zomer energie wil besparen, doet dat het beste in de badkamer. Dan is de douche de grootste energiegebruiker. Althans, in een gemiddeld huishouden. Want er blijken grote verschillen te bestaan en die tellen op jaarbasis op tot honderden euro’s.  ( 4 min )
    Klimaatactivisten belagen Shell-bestuur
    Het bestuur van Shell moest op de aandeelhoudersvergadering in Londen afgeschermd worden voor klimaatactivisten. Ze probeerden het podium te bestormen en zijn afgevoerd door beveiligers.  ( 3 min )
    Klimaatactivisten bestormen het bestuur van Shell
    Het bestuur van Shell moest op de aandeelhoudersvergadering in Londen afgeschermd worden voor klimaatactivisten. Ze probeerden het podium te bestormen en zijn afgevoerd door beveiligers.  ( 3 min )
    Cathay Pacific biedt excuses aan voor discriminatie na verzoek om tapijt
    De Hongkongse luchtvaartmaatschappij Cathay Pacific Airways heeft haar excuses aangeboden voor vermeende discriminatie van een Chinese passagier. Die zou om een deken hebben willen vragen, maar gebruikte het Engelse woord carpet (tapijt) in plaats van blanket. Het personeel zou de reiziger daarom hebben uitgelachen.  ( 3 min )
    Ook ING verhoogt rente voor spaarders tweemaal achter elkaar
    Klanten van ING krijgen vanaf 1 juni 1 procent rente op hun spaargeld. Dat is nu nog 0,75 procent. Het is de tweede renteverhoging in korte tijd bij de grootste bank van het land. Daarmee volgt het bedrijf zijn concurrent Rabobank, die vorige week bekendmaakte zijn spaarrente voor de tweede keer in ruim een maand op te schroeven.  ( 3 min )
    Opnieuw wilde staking uitgebroken bij autofabriek Nedcar
    Een deel van het personeel van de Nedcar-fabriek in Born heeft dinsdag opnieuw het werk neergelegd. De staking volgde op langlopende onderhandelingen over een nieuw sociaal plan. De staking is een initiatief van werknemers zelf en is niet opgezet door vakbonden. Volgens VDL Nedcar zijn de medewerkers inmiddels weer aan de slag gegaan.  ( 3 min )
    Corendon gaat zelf naar Curaçao vliegen en concurreert dan met KLM
    Reisorganisatie Corendon vliegt vanaf november zelf klanten naar Curaçao. De afgelopen tien jaar deed KLM dat. In eerste instantie vliegt Corendon vijf keer in de week, in het hoogseizoen wordt dat opgevoerd naar zes keer in de week.  ( 3 min )
    Consumentenbond en claimstichting eisen schadevergoeding van Google
    Google verzamelt op illegale wijze privacygevoelige gegevens, vinden de Consumentenbond en Stichting Bescherming Privacybelangen (SBP). Daarom eisen de organisaties een schadevergoeding voor alle Google-gebruikers in Nederland.  ( 4 min )
    Streep door overname van Amsterdamse afvalverwerker AEB
    De Amsterdamse afvalverwerker AEB komt toch niet in handen van zijn Rotterdamse sectorgenoot AVR. Het bedrijf dat na de overname ontstaat, wordt te groot volgens mededingingsautoriteit ACM. Daarom zet het een streep door de deal. AEB kwam enkele jaren geleden in de problemen doordat het een deel van zijn afvallijnen moest stopzetten.  ( 3 min )
    Nepfoto van explosie bij Pentagon zorgt voor korte dip op Amerikaanse beurs
    Een nepfoto van een explosie in de buurt van het Pentagon heeft maandag tot verwarring en een korte dip op de Amerikaanse beurs geleid. De afbeelding is hoogstwaarschijnlijk met kunstmatige intelligentie (AI) gemaakt.  ( 3 min )
    TikTok sleept Amerikaanse staat Montana voor de rechter wegens verbod op app
    TikTok heeft maandag een proces tegen de Amerikaanse staat Montana aangespannen, omdat daar vorige week een wet is aangenomen die het sociale medium verbiedt.  ( 3 min )
    Vakanties zijn harder nodig door hoge werkdruk
    Met de meivakantie en een lang weekend achter de rug voelen we ons weer fitter. Dat is hard nodig in deze tijd van hoge werkdruk, die wordt veroorzaakt door de krapte op de arbeidsmarkt. Dat zegt Jurriaan Penders, bedrijfsarts en directeur medische zaken bij HumanCapitalCare.  ( 4 min )
    We kopen minder, maar door hoge prijzen zien winkeliers omzet toch stijgen
    In de eerste drie maanden van dit jaar hebben we minder gekocht. Toch hebben winkels meer omgezet, blijkt uit nieuwe cijfers van statistiekbureau CBS. Dat komt vooral doordat de prijzen nu veel hoger zijn.  ( 3 min )

  • Open

    Goldman Sachs Likes These 2 Stocks, Insiders Just Poured Millions Into Them — Here’s Why You Might Want to Ride Their Coattails
    The well-worn adage ‘Keep it simple’ isn’t just a cliché; it holds true in many areas of life, including the stock market. It’s easy to get lost in the never-ending barrage of information and day-to-day drama on Wall Street, but a simple strategy will often point towards the best investment choices. One such strategy is to keep an eye on the insiders’ moves. These corporate officers are the ones who know best what is going on in the companies they oversee. When they are seen buying shares of the  ( 41 min )
    Bank of America raises its S&P 500 price target and says the outlook is 'glass half full' as bad news is already priced into stocks
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    China's economy has turned rotten and its reopening boom is a 'charade,' market expert says
    "A growth model dependent on stimulus and debt was always going to be unsustainable, and now it has run out of steam."  ( 38 min )
    Top IBM Shareholders
    The top IBM shareholders are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.  ( 21 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 17 min )
    Dow Jones Futures: Biden-McCarthy Debt Ceiling Meeting Imminent; Tesla Stock Has New Buy Point
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    These 5 Growth Stocks Have Perfect 99 Ratings
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    How Fake AI Photo of a Pentagon Blast Went Viral and Briefly Spooked Stocks
    (Bloomberg) -- A falsified photograph of an explosion near the Pentagon spread widely on social media Monday morning, briefly sending US stocks lower in possibly the first instance of an AI-generated image moving the market.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racis  ( 8 min )
    Blackstone in Talks With Lenders on Maturing Chicago Office Loan
    (Bloomberg) -- Blackstone Inc. is in discussions with lenders on a $310 million mortgage backed by a struggling Chicago office tower. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekThe commercial mortgage  ( 7 min )
    Zoom Stock Jumps on Strong Earnings and Improved Outlook
    Zoom Video beat Wall Street estimates and the company's own guidance—for both earnings and revenue—for the just-ended April quarter.  ( 22 min )
    Apple Stock Got Downgraded. Brilliant or Foolish?
    Shares of the tech giant have gained 34% this year, more than triple the S&P 500.  ( 22 min )
    Shipping line Zim gets hammered by high spot-rate exposure
    Zim outperformed competitors on the way up and is falling faster than other carriers on the way down. The post Shipping line Zim gets hammered by high spot-rate exposure appeared first on FreightWaves.  ( 42 min )
    Top Airline Stocks for Q2 2023
    Singapore Airlines, Sun Country Airlines, and Copa Holdings lead industry in revenue growth  ( 21 min )
    Dow Jones Falls But Other Indexes Climb As McCarthy Urges Biden To Beat This Addiction; DraftKings Soars On Upgrade
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    Apple, Microsoft, and 3 other stocks are now worth nearly $9 trillion – or almost 25% of the S&P 500
    Apple, Microsoft, Alphabet, Amazon and Nvidia are worth nearly $9 trillion combined as an AI boom has seen investors pile into mega-cap tech stocks.  ( 38 min )
    Top 5 Companies Owned by Ford
    Discover some of Ford Motor Company's most important subsidiaries and joint ventures and what they do to further Ford's business interests.  ( 20 min )
    Game Theory Offers Clue to Market Calm Amid Debt Impasse
    (Bloomberg) -- The US is hurtling toward a credit default that pundits universally agree would be catastrophic for the economy and financial markets. So why is the S&P 500 treading water near a nine-month high?Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverGame theory offers some insi  ( 39 min )
    Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Lyft is 'open' to selling itself. There might not be any buyers
    Lyft (LYFT) CEO David Risher has said that the rideshare company is "open" to selling itself, but there's a kicker – there's no obvious acquirer.  ( 41 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    Chevron (CVX) said Monday it would buy energy exploration and production company PDC Energy (PDCE) for $6.3 billion.  ( 17 min )
    First Citizens sues HSBC for hiring away Silicon Valley Bank staff
    First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of illegally poaching more than 40 of the failed bank's employees. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers in order to improperly gain access to Silicon Valley Bank's (SVB) trade secrets. First Citizens in the lawsuit said it is seeking more than $1 billion in damages.  ( 38 min )
    Analyst Report: Brighthouse Financial Inc
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    Tesla Stock Is Rallying Again. Maybe Ford Did It.
    Shares of electric-vehicle giant Tesla are logging their fifth straight day of rising Monday. There are a few reasons for the big gain, but Ford might account for most of it.  ( 22 min )
    Market Update: DRI, WTRG, BHF
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    Nvidia Partner Among 5 Semiconductor Stocks Etching Bases And Buy Zones
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    Big-Bank Savings and CD Rates (But You Can Earn So Much More)
    It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )
    ZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details
    ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported a Q1 2023 sales decline of 63% Y/Y to $1.37 billion, missing the consensus of $1.57 billion. Carried volume in Q1 was 769 thousand TEUs, a decrease of 10% Y/Y. The average freight rate per TEU in Q1 was $1,390 (-64% Y/Y). The company generated an EPS loss of $(0.50), down from $14.19 a year ago. Adjusted EBITDA fell 85% Y/Y to $373 million, with margins of 27% vs 68% a year ago. ZIM's total cash position stood at $4.25 billion as of March  ( 38 min )
    What's Going On With NVIDIA Stock Today
    Nvidia Corp (NASDAQ: NVDA) has announced a pact with Rolls Royce Holdings Plc(OTC: RLLCF) and Classiq to design jet engines using quantum computing. The companies used quantum-computing technologies to introduce computation fluid dynamics in operating jet engines. Leveraging Nvidia Corp's quantum-computing platform, the companies simulated the world's largest quantum-computing circuit for computational fluid dynamics to develop jet engines. The circuit was built using NVIDIA A100 Tensor Core GPU  ( 38 min )
    Stocks risk 'sharp' reaction if debt ceiling talks go awry: JPMorgan
    In a new note, JPMorgan argues a debt ceiling crisis in 2023 could be far worse for markets than it was in 2011 when the S&P 500 fell nearly 20% from its peak.  ( 40 min )
    Fortinet, A Cybersecurity And AI Leader, Breaks Out; Analysts Bullish On Outlook
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    10 Biggest Car Companies
    With Volkswagon leading the pack, these are the 10 biggest car companies by 12-month trailing revenue.  ( 22 min )
    Ford Strikes Lithium Supply Deals With World’s Top Producers
    (Bloomberg) -- Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalFord has struck deals with Albemarle Corp., the world’s top  ( 39 min )
    Don’t be fooled by the S&P 500 rally, says Wall Street’s top strategist Mike Wilson
    He cautioned investors against falling into a “false bull trap.”  ( 39 min )
    Nvidia Could Miss on Gaming, but Buy the Stock Anyway. Here’s Why.
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Stock Market Awaits Biden-McCarthy Debt-Ceiling Cage Match; DraftKings Soars To 52-Week High On Upgrade
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    The Game Theory of the Debt Limit Points Toward Settlement
    The two sides' relative negotiating strength helps explain why fInancial markets have stayed relatively calm, writes Larry Hatheway.  ( 43 min )
    Exxon Joins EV Race for Lithium. It Won’t Save The Stock.
    Exxon Mobil has bought land in Arkansas that contains lithium, a key component in lithium-ion batteries that power electric vehicles.  ( 22 min )
    Apple Stock Downgraded On Signs Of Slowing iPhone Demand
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    ‘Don’t Miss the Next Bull Market’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
    Following 2022’s bear, the markets have made a recovery in 2023 with both the S&P 500 and, in particular, the NASDAQ showing healthy year-to-date gains. Therefore, it might be a natural instinct for investors who have nursed heavy losses to be eying the exit gate now the market is rebalancing, and the initial investment is back to breaking even. That kind of thinking, however, is a big mistake, says legendary investor Ken Fisher. “As initial bull market rallies build, investors — raw from the pr  ( 41 min )
    Ford no longer stuck in ‘valuation box,’ 2nd-gen EVs will unlock profitability, CEO says
    Ford’s transformation into three business units focused on gas-powered cars, electric vehicles, and commercial customers is less than two quarters old. And investors still have a lot of questions for the 120-year old automaker - and how CEO Jim Farley intends to push profitability.  ( 40 min )
    Tesla Pricing Detour Outmaneuvers Headlines; Elon Musk Says Automakers Do 'This All The Time'
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    Apple Stock Butterfly Spread Benefits From Neutral Price Action, Can Return $925
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    PacWest stock pops after selling $2.7 billion in real estate loans
    PacWest's deal is adding to momentum around a recovery in the regional banking sector.  ( 38 min )
    Fed’s Bullard Sees Two More Interest-Rate Hikes Needed in 2023 to Cool Prices
    (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank will need to raise interest rates twice more this year to quell inflation.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near Capital“I think we’re going to have to grind higher,” he said Monday  ( 37 min )
    Chevron to Buy Shale Driller PDC in $6.3 Billion Stock Deal
    (Bloomberg) -- Chevron Corp. said it will buy driller PDC Energy Inc. in a $6.3 billion all-stock deal, allowing Chevron to expand its holdings in shale basins in Colorado and West Texas.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalChevron will pay $72 a share, a roughly 14% premium on  ( 38 min )
    Estate Tax Planning Tips For 2023
    Estate planning matters if you're hoping to preserve as much of your wealth and assets as possible for future generations. One of the biggest challenges is finding ways to minimize your tax liability, as taxes can shrink the value of … Continue reading → The post The Basics of Estate Tax Planning appeared first on SmartAsset Blog.  ( 41 min )
    Medigap vs. Medicare Advantage: Which Has More Benefits?
    Medigap and Medicare Advantage are both healthcare plans used by people in retirement. Medigap insurance helps supplement areas like coinsurance, deductibles and copayments. Medicare Advantage, sometimes called Part C, plans are offered by private companies approved by Medicare. We'll dive … Continue reading → The post Differences of Medigap vs. Medicare Advantage appeared first on SmartAsset Blog.  ( 39 min )
    Goldman hints at an AI-fueled profits boom over the next 10 years: Morning Brief
    Will AI unleash a corporate profits boom? Goldman Sachs seems to think so.  ( 39 min )
    I'm Retired and Divorcing. Is This Going to Wreck My Finances?
    Retirement is a major milestone that most couples look forward to. But some couples find the transition to retirement negatively impacts their marriage, sometimes resulting in irreconcilable differences and divorce. Rates of late-in-life divorce, also called "gray" divorce, have risen … Continue reading → The post How to Navigate a Divorce After You Retire appeared first on SmartAsset Blog.  ( 43 min )
    Does Beneficiary Designation Overrule a Will?
    Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, that's not the case with many assets. For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.  ( 40 min )
    Dow Jones Futures Rise Ahead Of Biden-McCarthy Debt Ceiling Meeting; Apple Slides On Downgrade
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    Chevron to Buy PDC Energy in $6.3 Billion Stock Swap
    The deal would boost the oil company’s ownership in the largest U.S. oil field and in the Denver-Julesburg Basin.  ( 25 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    'PDC’s attractive and complementary assets strengthen Chevron’s position in key U.S. production basins,' says Chevron Chairman and CEO Mike Wirth in a statement.  ( 25 min )
    Japan's Mizuho to Buy Investment Bank Greenhill
    Mizuho of Japan has agreed to buy investment bank Greenhill in a deal worth $550 million including debt, the companies said Monday. Greenhill's stock surged premarket. Some key details: Mizuho is paying [$15 a share in cash](https://www.globenewswire.com/news-release/2023/05/22/2673304/0/en/Miz  ( 18 min )
    Ironwood Pharmaceuticals to Buy VectivBio in $1 Billion Deal. The Sector Is Hot for M&A.
    The drugmaker is paying $17 a share for the Swiss biotech company. The move adds to the $71 billion worth of deals announced in the healthcare and life sciences space in the first quarter.  ( 22 min )
    Nvidia stock is trading on 'heroic' valuations amid its 2023 eruption: strategist
    Nvidia has been the Wall Street darling stock of 2023.  ( 40 min )
    Weekly Stock List
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    UPDATE 2-Chevron to buy PDC Energy in $7.6 bln deal
    Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt. The oil major said the PDC deal would bring strong free cash flow, low breakeven production and development opportunities adjacent to Chevron's position in the Denver-Julesburg Basin, as well as additional acreage to the company's position in the Permian Basin. The deal is expected to increases Chevron's proved reserves by 10% at an acquisition cost of under $7 per barrel of oil equivalent.  ( 37 min )
    How Much $10,000 Invested In Meta's IPO 11 Years Ago Is Worth Now
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    How To Trade Stocks: Do You Know The Seven Most Important Words On Wall Street?
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    Biden’s Billion-Dollar Oil Trade Faces a Big Test
    Washington awaits bids to refill crude reserves with modified price proposal.  ( 28 min )
    Daily – Vickers Top Insider Picks for 05/22/2023
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    Daily – Vickers Top Buyers & Sellers for 05/22/2023
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    Ironwood Pharmaceuticals to Buy VectivBio for About $1 Billion
    Ironwood Pharmaceuticals is paying $17 a share for the Swiss biotech company.  ( 22 min )
    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 19 min )
    Analyst Report: Rithm Capital Corporation
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    Analyst Report: Rocket Companies Inc
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    Analyst Report: Itron Inc.
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    Analyst Report: Kimco Realty Corp.
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    PacWest to Sell $2.6 Billion Real Estate Loans at Discount
    (Bloomberg) -- PacWest Bancorp, one of the regional US lenders that was engulfed in turmoil earlier this month, said it agreed to sell a $2.6 billion portfolio of 74 real estate construction loans as part of its plan to shore up liquidity.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Mexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersKen  ( 38 min )
    Daily Spotlight: Stocks May Take Off Post Rate-Hike Cycle
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    Technical Assessment: Bearish in the Intermediate-Term
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    PacWest Sells Real Estate Loans. The Stock Rises.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    PacWest Sells Real Estate Loans. The Stock Rises.
    The bank and other regional lenders have come under fire from investors over the past few months.  ( 22 min )
    Ford says it will stop competing in over-served markets, won't be all things to all people
    Ford Motor Co. CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services. The days of Ford being all things to all people are over, Farley said in a statement ahead of the company's capital markets day event Monday. Executives are to explain how Ford will get to a 10% pretax profit margin in 2026.  ( 38 min )
    There’s Rarely a Case for Pulling Out of the Market. This Might Be One.
    Another debt-ceiling meeting, China bans some Micron sales as chip war escalates, and other news to start your day.  ( 23 min )
    Top Property Owners Are Creditworthy—They Might Default Anyway
    Powerful investors such as Brookfield Asset Management are starting to cut their losing real estate bets to protect returns.  ( 25 min )
    PacWest Bancorp to sell real estate loans to Kennedy-Wilson unit
    Regional lender PacWest Bancorp said on Monday it entered into an agreement to sell a portfolio of 74 real estate construction loans to a subsidiary of Kennedy-Wilson Holdings Inc.  ( 37 min )
    Apple’s Relentless Rally Puts $3 Trillion in View
    (Bloomberg) -- Apple Inc.’s rally in 2023 has brought it back to the brink of a historic threshold: a $3 trillion market valuation.The stock has soared 35% this year, adding nearly $690 billion in market value, as investors have flocked to the iPhone maker’s steady revenue and massive cash flows. The advance has put Apple within striking distance of its January 2022 record.“In my career, I never envisioned a company of this size, but then I never envisioned a company capable of generating more t  ( 40 min )
    Stocks to Watch Monday: Micron, Meta, JPMorgan
    ↘️ Micron Technology (MU): The chip maker fell nearly 6% in premarket trading after [Beijing banned Chinese companies from buying the company's products](https://www.wsj.com/articles/beijing-bans-mi  ( 19 min )
    Kansas farmers abandon wheat fields after extreme drought
    Farmers in Kansas, the biggest U.S. producer of wheat used to make bread, are abandoning their crops after a severe drought and damaging cold ravaged farms. They are intentionally spraying wheat fields with crop-killing chemicals and claiming insurance payouts more than normal, betting the grain is not worth harvesting, Reuters found on a three-day tour of the state. Abandoning fields will lead to a smaller U.S. wheat supply in the world's No. 5 wheat exporter, with stocks seen falling to a 16-year low.  ( 39 min )
    Micron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now.
    China’s cyberspace regulator told companies involved in critical information systems to stop buying Micron chips.  ( 23 min )
    Stock Prices of Office Landlords Plummet as Short Sellers Pile In
    Vacancies are climbing and rents are sinking amid a stalled return-to-office rate.  ( 26 min )
    Applied Materials to invest $4 billion in Silicon Valley chip research center
    U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing. The center, which will be based in Sunnyvale, California, will come on line in 2026 and create up to 2,000 engineering jobs, said Applied, which is the world's biggest maker of the tools used in manufacturing chips. The facility will host about $25 billion of research work over its first decade, pulling together staff from research universities and major chipmakers such as Intel Corp, Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd, among others.  ( 39 min )
    India's culling of its 2000-rupee notes is driving hoarders to realty and gold
    India has witnessed a spurt in demand for gold since the Reserve Bank of India (RBI), last week, announced that the 2,000-rupee currency notes will be pulled out of circulation.  ( 38 min )
    These Stocks Are Moving the Most Today: Micron, Ford, Exxon, Foot Locker, Zoom Video, and More
    China bans companies from buying chips from Micron Technology, Ford hosts an investor day, and Zoom Video is scheduled to report earnings Monday.  ( 23 min )
    Morgan Stanley’s Wilson Says US Rally Isn’t Start of Bull Market
    (Bloomberg) -- Don’t be fooled into believing that the rally in US stocks is the beginning of a new bull market, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’China’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalZelenskiy Signals Bakhmut Falling, Russian Casualties HighWilson, among the most bearish voices on Wall Street, says there’s too much evidence,  ( 38 min )
    Adani Stocks Surge, Head for Best Day Since Hindenburg’s Report
    (Bloomberg) -- Adani Group shares surged on Monday, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research.Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighMexico Raises Alert Level on Volcano Rumbling Near CapitalTraders Brace for Volatility With US Debt Deal Still ElusiveThe 10 Adani stocks  ( 38 min )
    China bans US chipmaker Micron in escalating tech battle - latest updates
    China has said it found "relatively serious" cybersecurity risks from chips made by US semiconductor giant Micron amid an escalating technology battle between the superpowers.  ( 39 min )
    4 big analyst picks: Norfolk Southern stock pops on 2 upgrades
    Here is your Pro Recap of the biggest analyst picks you may have missed today: upgrades at Norfolk Southern, DraftKings, Union Pacific, and AnaptysBio. Norfolk Southern (NYSE:NSC) shares rose more than 2% pre-market today after two Wall Street firms upgraded the company, as InvestingPro reported in real time. Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $250.00 from $225.00.  ( 38 min )
    Carl Icahn’s mea culpa
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT
    Credit Suisse AG staff are making preparations to sue the Swiss financial regulator over $400 million of bonuses that were cancelled following the bank's rescue by UBS, the Financial Times reported on Monday. Law firms Quinn Emanuel and Pallas, which are already suing Swiss regulator Finma on behalf of investors who owned AT1 bonds, have received multiple requests from senior managers at Credit Suisse to take legal action on their behalf, the report said.  ( 37 min )
    Explainer-How Wall Street is preparing for possible US debt default
    As talks over raising the U.S. government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. Less than two weeks remain until June 1, when the Treasury Department has warned that the federal government might not be able to pay all its debts, a deadline U.S. Treasury Secretary Janet Yellen reaffirmed on Sunday.  ( 39 min )
    How Did Hyundai Get So Cool?
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    Dollar on defensive after dovish Powell, debt ceiling setback
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    Beijing Bans Micron as Supplier to Big Chinese Firms, Citing National Security
    Cyberspace office says the chip maker’s products pose a major national-security risk.  ( 27 min )
    Oil edges up on supply worries, G7 pledge to enforce Russian price caps
    Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Group of Seven (G7) nations to strictly enforce price caps on Russian energy would impact exports. Brent crude futures climbed 14 cents, or 0.2%, to $75.72 a barrel by 0018 GMT while U.S. West Texas Intermediate crude for July delivery, the more actively traded contract, was at $71.84 a barrel, up 15 cents, or 0.2%. The dollar came off a two-month top against a basket of major peers as investors expect the Federal Reserve to keep rates unchanged at its June meeting.  ( 39 min )
    Markets on edge as US debt ceiling talks approach crunch time
    Asian stocks and Wall Street futures slipped on Monday as U.S. debt ceiling negotiations approached crunch time after stalling last week, while lingering banking fears and fresh geopolitical worries capped sentiment. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, less than two weeks before the June 1 deadline after which Treasury expects the federal government will struggle to pay its debts. A failure to lift the debt ceiling would trigger a default, sparking chaos in financial markets and a spike in interest rates.  ( 39 min )
    Gold ticks up as traders navigate US debt limit hitch, Fed cues
    (Reuters) -Gold prices edged up on Monday as drawn-out discussions around the U.S. debt ceiling and Federal Reserve Chair Jerome Powell's less-hawkish comments added to the safe-haven bullion's appeal. "Concerns over the debt ceiling remain to be a key pillar of support for gold prices, with $2,000 providing a spring board for dip buyers on Friday as talks rolled over for another week," said Matt Simpson, a senior market analyst at City Index. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, which will be closely watched to see if a resolution is reached in the standoff after negotiations broke off on Friday.  ( 38 min )
    Can You Buy Vanguard Funds Through Another Brokerage?
    Vanguard mutual funds and exchange-traded funds (ETFs) can be bought through other brokerages, but some advantages may be lost and some fees incurred.  ( 19 min )
    Stocks, Currencies in Tight Ranges Amid Debt Talks: Markets Wrap
    (Bloomberg) -- Equity futures for US and Asian stock benchmarks slid while currencies held within tight ranges in a cautious start to trading Monday as the risk of a debt default in Washington cast a shadow over markets.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderZelenskiy Signals Bakhmut Falling, Russian Casualties HighTraders Brace for Volatility With US Debt Deal Still ElusiveBiden Says US-China Relations Set to Improve ‘Very Shortly’Movements in mo  ( 39 min )
    JPMorgan may turn First Republic sites into 'special branches' for wealthy clients, report says
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  • Open

    Markets End Mixed Ahead of Debt Ceiling Meeting
    U.S. equities ended mixed on Monday, May 22, 2023 before President Biden and Speaker McCarthy were set to meet to negotiate an end to the debt ceiling stalemate.  ( 1 min )
    Dow Jones Today: Nike Trips Up Index
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    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 1 min )
  • Open

    PacWest Sells Construction Loans to Raise Cash
    PacWest Bancorp sold 74 construction loans valued at $2.6 billion to Kennedy-Wilson Holdings, as it tries to boost its finances.  ( 1 min )
    Do People Still Go To The Bank? Yes, Says JPMorgan As It Plans Branch Expansion
    Online banking and apps, despite ominous predictions to the contrary, have not killed off your local bank and that's why JPMorgan's betting on expanding its branch footprint.  ( 1 min )
    Pfizer Shares Rise After Study Shows Its Diabetes Drug Helped Patients Lose Weight
    Pfizer's experimental diabetes treatment helped patients lose weight similar to Ozempic, but in less time.  ( 1 min )
    Ford Rolls Out Lithium Deals With Sights Set on EV Production
    Second-biggest U.S. EV maker announced deals that not only will supply enough lithium for millions of batteries, but also qualify for $7,500 in tax credits.  ( 1 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    Chevron (CVX) said Monday it would buy energy exploration and production company PDC Energy (PDCE) for $6.3 billion.  ( 1 min )
    Large Investors Slowed Home Purchases by Late 2022
    Large investors, who were buying homes and pricing out home buyers, are no longer investing in the housing market at a frenetic pace. Here's why and what it means for homebuyers.  ( 1 min )
    Facebook's $1.3 Billion Fine is One of the Largest Levied by EU Against Big Tech
    The European Union’s (EU) $1.3 billion fine against Facebook on Monday was the third-largest ever against a U.S. tech giant, and the latest in a series of fines meant to rein in big tech.  ( 1 min )
  • Open

    Top IBM Shareholders
    The top IBM shareholders are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.  ( 21 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 16 min )
    Top CD Rates Today, May 22
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    JPMorgan's Dimon: No Plan Soon to Step Aside as CEO
    JPMorgan's Dimon has no plan soon to step aside as CEO, sees potential credit distress ahead but no repeat of 2008-09 crisis  ( 17 min )
    Personal Loan Rates & Trends, Week of May 22: Rates Jump
    Personal loan rates jumped following three weeks of declines, raising the overall average by 51 basis points and crossing the 21.00% threshold for the first time this year.  ( 18 min )
    Dow Jones Today: Nike Trips Up Index
    Coming off a positive week, the Dow Jones Industrial Average dropped 0.4%, or 140 points, as investors continued to wait for developments in the U.S. debt ceiling negotiations.  ( 16 min )
    Markets End Mixed Ahead of Debt Ceiling Meeting
    U.S. equities ended mixed on Monday, May 22, 2023 before President Biden and Speaker McCarthy were set to meet to negotiate an end to the debt ceiling stalemate.  ( 16 min )
    10 Biggest Tech Hardware Companies
    With Apple leading the pack, these are the 10 biggest tech hardware companies by 12-month trailing revenue.  ( 21 min )
    PacWest Sells Construction Loans to Raise Cash
    PacWest Bancorp sold 74 construction loans valued at $2.6 billion to Kennedy-Wilson Holdings, as it tries to boost its finances.  ( 16 min )
    4 Certified Senior Designations Worth Holding
    The number of financial designation programs offering expertise in “senior finance” is on the rise, but do they offer real value?  ( 24 min )
    Pfizer Shares Rise After Study Shows Its Diabetes Drug Helped Patients Lose Weight
    Pfizer's experimental diabetes treatment helped patients lose weight similar to Ozempic, but in less time.  ( 16 min )
    Investment Thesis: An Argument in Support of Investing Decisions
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    How to Buy Fractional Shares on Fidelity
    Fidelity has been our top pick in multiple categories for the past several years. Come learn how its fractional share offering can help you build a diversified portfolio.  ( 22 min )
    Do People Still Go To The Bank? Yes, Says JPMorgan As It Plans Branch Expansion
    Online banking and apps, despite ominous predictions to the contrary, have not killed off your local bank and that's why JPMorgan's betting on expanding its branch footprint.  ( 17 min )
    Adjustable-Rate Mortgage: What Happens When Interest Rates Go Up
    Adjustable-rate mortgages can save borrowers money, but you can't go into one blind. In order to benefit from an ARM, you have to understand how it works.  ( 23 min )
    Ford Rolls Out Lithium Deals With Sights Set on EV Production
    Second-biggest U.S. EV maker announced deals that not only will supply enough lithium for millions of batteries, but also qualify for $7,500 in tax credits.  ( 18 min )
    Best Investment Apps of 2023
    Need an app for investing and trading? Here are the best investment apps based on user experience, trading technology, products, cost, security, and customer service.  ( 31 min )
    Top Airline Stocks for Q2 2023
    Singapore Airlines, Sun Country Airlines, and Copa Holdings lead industry in revenue growth  ( 20 min )
    Here's What Venmo's New Teen Debit Card Account Offers. Do You Need It?
    Venmo said its new Venmo Teen Account, a service that allows parents to open financial accounts for their teen children aged 13 through 17, will be available starting in June.  ( 17 min )
    Leading, Lagging, and Coincident Indicators
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    Top 5 Companies Owned by Ford
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    10 Biggest Technology Companies
    With Apple topping the list, these are the 10 biggest technology companies by 12-month trailing revenue.  ( 21 min )
    The Benefits of a Bond Portfolio
    Bonds are often viewed as the less-glamorous sidekicks of stocks, but they deserve more respect. Learn how a fixed-income portfolio works.  ( 21 min )
    Chevron to Acquire PDC Energy, Sending Its Shares Soaring
    PDC Energy shares (PDCE) are jumping after Chevron (CVX) announced an agreement to buy the energy exploration and production company for $6.3 billion.  ( 16 min )
    Big-Bank Savings and CD Rates (But You Can Earn So Much More)
    It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 22 min )
    Large Investors Slowed Home Purchases by Late 2022
    Large investors, who were buying homes and pricing out home buyers, are no longer investing in the housing market at a frenetic pace. Here's why and what it means for homebuyers.  ( 17 min )
    Facebook's $1.3 Billion Fine is One of the Largest Levied by EU Against Big Tech
    The European Union’s (EU) $1.3 billion fine against Facebook on Monday was the third-largest ever against a U.S. tech giant, and the latest in a series of fines meant to rein in big tech.  ( 19 min )
    Today's Mortgage Rates & Trends - May 22, 2023: Rates Up Again
    Mortgage rates on 30-year and 15-year loans continued to rise, both now even further above their highest level in more than two months. Refinance rates were mixed.  ( 19 min )
    Cryptocurrencies To Watch: Week of May 22
    This week’s cryptocurrencies to keep an eye on are Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Injective (INJ), and XRP (XRP).  ( 20 min )
    Patent Share Definition
    Patent share is the percentage share of a universe of patents owned or created by one subset of that universe.  ( 19 min )
    10 Biggest Car Companies
    With Volkswagon leading the pack, these are the 10 biggest car companies by 12-month trailing revenue.  ( 22 min )
    The Top 5 British Petroleum (BP) Shareholders
    Learn the stories behind the five largest institutional shareholders of British Petroleum stock, who are all investment management firms.  ( 21 min )
    Montana TikTok Ban Likely To Face Challenges
    The new law assesses $10,000 fines on app stores that distribute TikTok to Montanans, but how can the state enforce it?  ( 18 min )
    Food and Agriculture Organization (FAO): What It Is and Does
    The Food and Agriculture Organization (FAO) is a United Nations agency that works on international efforts to defeat hunger by developing agriculture.  ( 19 min )
    What Cardboard Box Demand and Movie Tickets Tell Us About the Markets
    Jeff Kleintop, Chief Global Investment Strategist for Charles Schwab, rejoins The Express to share his favorite economic and market indicators, what to watch out for in the debt ceiling showdown, and how to pick stocks around the world in today's bewildering environment.  ( 15 min )
    Bank of America CD Rates: May 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 19 min )
    Vanguard CD Rates: May 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 18 min )
    How Is the Closing Price of a Currency Pair Determined in the Forex Market?
    Currencies trade on the foreign exchange market in which trading is always occurring somewhere around the world. Learn how a closing price is assessed.  ( 18 min )
    Registered Investment Advisor (RIA) Definition
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    Top Beer Stocks for Q2 2023
    Anheuser-Busch, Ambev, and Tsingtao Brewery lead the industry in revenue growth.  ( 19 min )
    Becoming a Registered Investment Advisor (RIA)
    To become a registered investment advisor requires specific licensing, qualifications and regulations, but the greater freedom may be worth it.  ( 26 min )
    Which Types of Death Are Not Covered by Life Insurance?
    Life insurance provides a financial safety net for your loved ones, but in certain situations, your policy might not pay out the death benefit.  ( 24 min )
    Military Family’s Guide to Buying and Selling Homes
    Service members face challenging circumstances when deciding whether to buy—or how to go about selling—once they have a new post.  ( 23 min )
    Who Is Kenneth I. Chenault? Who Is the CEO for American Express?
    Kenneth I. Chenault is a former chair and CEO of American Express  ( 21 min )
    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 19 min )
    Top Tax Deductions for Second-Home Owners
    The cost of owning a second home can be reduced through tax deductions on mortgage interest, property taxes, and rental expenses, among others.  ( 31 min )
    What Is Disposable Income, and Why Is It Important?
    Disposable income is the amount of money that a person or household has to spend or save after income taxes are deducted.  ( 26 min )
    7 Things You Didn’t Know About Sovereign Defaults
    Sovereign defaults, in which a nation can't pay its debts and is technically bankrupt, are actually more common than you think. Learn more about their impact.  ( 23 min )
    What Is the Risk-Free Rate of Return, and Does It Really Exist?
    The risk-free rate of return is the theoretical rate of return of an investment with zero risk. Learn how it works and what it means for investors.  ( 25 min )
    Can You Buy Vanguard Funds Through Another Brokerage?
    Vanguard mutual funds and exchange-traded funds (ETFs) can be bought through other brokerages, but some advantages may be lost and some fees incurred.  ( 19 min )
    Buying a Home in Trust
    You can buy a home in trust to control how, when, and to whom the property will transfer when you die, but the process can be more complex. Learn how it works.  ( 25 min )
  • Open

    TikTok begint rechtszaak tegen Amerikaanse staat Montana om verbod app
    TikTok heeft maandag een rechtszaak aangespannen tegen de Amerikaanse staat Montana, omdat daar vorige week een wet is aangenomen die het sociale medium verbiedt.  ( 3 min )
    175.000 werknemers erbij in de zorg, maar tekort is nog steeds niet weg
    175.000 mensen begonnen in 2022 met een baan in zorg en welzijn. Dat is het grootste aantal sinds eind 2010. Toch kampt de sector nog altijd met enorme personeelstekorten.  ( 3 min )
    Zeldzaam Vlaams abdijbier binnenkort (legaal) in Nederlandse slijterijen
    De monniken van de Sint-Sixtusabdij in het Vlaamse Westvleteren gaan binnenkort hun bier verkopen bij Nederlandse slijterijen. Omdat het gelijknamige trappistenbier nu voor hoge prijzen wordt verkocht op de zwarte markt, gaan de monniken het op de legale manier in Nederland verkopen.  ( 3 min )
    Gewild Vlaams abdijbier binnenkort (legaal) in Nederlandse slijterijen
    De monniken van de Sint-Sixtusabdij in het Vlaamse Westvleteren gaan binnenkort hun bier verkopen bij Nederlandse slijterijen. Omdat het gelijknamige trappistenbier nu voor hoge prijzen wordt verkocht op de zwarte markt, gaan de monniken het op de legale manier in Nederland verkopen.  ( 3 min )
    Minister De Jonge verwacht 'forse dip' in de woningbouw
    De omstandigheden voor de woningbouw zijn slecht, schrijft minister Hugo de Jonge (Volkshuisvesting) maandag in een brief aan de Tweede Kamer. Hoewel er vorig jaar meer woningen bij zijn gekomen dan De Jonge had verwacht, voorziet hij met name voor 2024 een "forse dip" in de woningproductie.  ( 4 min )
    Daling huizenprijzen toont aan dat gekte uit woningmarkt verdwijnt
    Prijzen voor koophuizen dalen al enige tijd en de vorige maand was daar geen uitzondering op, bleek maandag. Daarmee zijn de extreme stijgingen van de afgelopen jaren nog lang niet gecompenseerd, maar het toont volgens deskundigen wel aan dat de gekte langzaam uit de markt verdwijnt.  ( 5 min )
    Vijf van de zes hoogste privacyboetes in Europa zijn voor Meta
    Facebook-moederbedrijf Meta kreeg maandag een boete van 1,2 miljard euro opgelegd. Dat is de hoogste privacyboete ooit in Europa, maar lang niet de enige. Sinds 2018 zijn er tientallen techbedrijven voor honderden miljoenen euro's berispt vanwege dergelijke overtredingen.  ( 5 min )
    Schiphol ziet nog steeds een miljoen passagiers minder dan voor coronapandemie
    Schiphol telde ook in april een miljoen reizigers minder dan voor de coronapandemie. Er kwamen 5,1 miljoen passagiers voorbij. De luchthaven ziet het aantal passagiers wel toenemen in vergelijking met een jaar eerder.  ( 3 min )
    Privacyvoorvechters blij met hoge Meta-boete, maar onzekerheid bij techbedrijven
    Privacyorganisaties zijn blij met de Europese megaboete van 1,2 miljard euro voor Facebook-moederbedrijf Meta. Internetbedrijven zijn bezorgd en vragen zich af of zij nog gegevens van Europeanen mogen verwerken.  ( 4 min )
    Controleurs tellen duizenden tekortkomingen in slachthuizen
    De Nederlandse Voedsel- en Warenautoriteit (NVWA) heeft in de eerste helft van vorig jaar 5.700 tekortkomingen geconstateerd in grote Nederlandse slachthuizen. De toezichthouder vindt dat de bedrijven nu echt werk moeten maken van dierenwelzijn. Maar de vleessector herkent zich niet in het beeld.  ( 4 min )
    Facebook-moederbedrijf krijgt 1,2 miljard euro boete van Brussel
    Europese privacytoezichthouders hebben Meta een boete van 1,2 miljard euro opgelegd. Het moederbedrijf van Facebook krijgt die boete omdat het data van Europese gebruikers heeft doorgestuurd naar de Verenigde Staten.  ( 3 min )
    Ryanair waarschuwt voor hogere ticketprijzen nu meer mensen willen vliegen
    Ryanair gaat de ticketprijzen omhoogschroeven nu de vraag naar vliegreizen aantrekt. Wie onder de duurdere ticketprijzen uit wil komen, moet volgens topman Michael O'Leary vroeg boeken.  ( 3 min )
    Voormalig Shell-topvrouw gaat niet meer fulltime betaald werken
    Marjan van Loon, die afgelopen maand afzwaaide als president-directeur van Shell Nederland, gaat niet meer fulltime betaald aan de slag.  ( 3 min )
    Consumenten hebben minder vertrouwen in economie dan een maand geleden
    Het consumentenvertrouwen is na zes maanden groei iets gedaald. Consumenten zijn vooral negatiever over de economie in de aankomende twaalf maanden. De koopbereidheid is in mei wel wat toegenomen.  ( 3 min )
    Huizenprijzen in april voor derde maand op rij gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Huizenprijzen daalden in april voor derde maand op rij
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    NU+ | Keukenapparatuur steeds slimmer, maar vaatwasser ruimt zichzelf niet in
    Vanuit de supermarkt via je smartphone een kijkje nemen in de koelkast of er nog bakboter is. Of onderweg naar huis alvast de oven laten voorverwarmen. In steeds meer Nederlandse keukens is slimme keukenapparatuur te vinden. Dat lijkt handig, maar is het niet altijd.  ( 4 min )

  • Open

    Insiders Pour $1 Million Each Into These 2 ‘Strong Buy’ Stocks⁠ — Here’s Why Wall Street Thinks They Could Double (or More)
    Investors are constantly looking for ways to generate big returns, after all that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are corporate officers responsible for their respective companies’ performance and have access to information  ( 42 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
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    Stocks Poised to Fall
    The Federal Open Market Committee will release the minutes from its early-May monetary-policy meeting, which will be closely scrutinized for clues about when officials might pause interest-rate increases.  ( 22 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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    The rise of ChatGPT could jump start the Roaring 20s for stocks and solidify a new bull market
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    Yen Set to Inflict More Pain on Investors’ Bullish Convictions
    (Bloomberg) -- Things may get even worse for Japanese currency bulls after the yen touched its lowest level against the greenback this year and traders get closer to erasing their bets on a central bank policy tweak. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighMexico Raises Alert Level on Volcano Rumbling Near CapitalTraders Brace for Volatility With US Debt Deal Still ElusiveThe yen closed at 137.98  ( 39 min )
    Ford to Host Investor Meeting. 3 Things to Watch.
    Ford Motors host its 2023 “Capital Markets Day” its calling “Delivering Ford+.” Investors can tune in starting at 8 a.m. Eastern time.  ( 22 min )
    A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy
    It was another busy week in the transportation world and no surprise, Tesla was one of the headliners. The company held its annual shareholder meeting and as per ushe, CEO Elon Musk shared tidbits and musings about the company. Speaking of Musk, he lost another bid to end a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of some of his Tesla-related tweets.  ( 44 min )
    Costco, JPMorgan, Snowflake, Ford, Zoom, and More Stocks to Watch This Week
    Earnings reports from Zoom Video, Lowe’s, Snowflake, Best Buy, Costco, and Ulta. Plus, minutes from the Federal Reserve’s May meeting and core PCE inflation data.  ( 22 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Beijing bans Chinese companies from using Micron chips in critical infrastructure
    China’s cybersecurity regulator has banned Chinese firms from buying chips from US memory manufacturer Micron.  ( 38 min )
    The Fed has come under fire for the way it tackled inflation. Here are the latest critiques from Elon Musk, Mohamed El-Erian and others.
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    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    A Military Scientist Wants to Retire at 55 or 60. Will He Have Enough Money?
    An advisers suggests how he can shore up his finances and set aside money for his four children.  ( 27 min )
    Hate taxes? This is for you: IRS boosts HSA limits for 2024 by record amount. Here's why.
    IRS raised health savings account contribution limits for 2024 by a record amount. This may be a big deal for those who hate paying taxes. Here's why.  ( 39 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 18 min )
    Tech analysts quit en masse amid turmoil at City investment bank
    A team of tech analysts have quit en masse at a City investment bank in the latest sign of turbulence.  ( 38 min )
    Credit cards are not 'a piggy bank,' expert warns
    US credit cardholders now owe $986 billion in debt, data from the Federal Reserve of New York found.  ( 39 min )
    One of China’s Poorest Provinces Faces Imminent Debt Problem
    Guizhou province has jaw-dropping landscapes and some of the world’s highest bridges—and outstanding debt of about 1.3 times its gross domestic product.  ( 27 min )
    Fed Official Is Open to Foregoing June Rate Hike
    Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting.  ( 26 min )
    ‘Perverse’ tax system means work doesn’t pay, warns Treasury Select Committee chief
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    Traders Brace for Volatility With US Debt Deal Still Elusive
    (Bloomberg) -- Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch a debt-limit deal this week.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstZelenskiy Signals Bakhmut Falling, Russian Casualties HighTalks between politicians to end the deadlock hit another bump over the weekend with House Speaker Kevin McCarthy accusing White Hou  ( 38 min )
    TipRanks ‘Perfect 10’ List: 2 Stocks That Will Benefit Most From ChatGPT’s Meteoric Growth (Besides Microsoft)
    AI – artificial intelligence – has been stirring up the tech pot in recent times. With the release of ChatGPT, and the explosion of AI-powered natural language into the realm of online search, content creation, and even picture editing, it’s become clear that AI is the next frontier of the tech space. A sudden boom of this sort will always bring opportunities with it. New jobs and new products, of course – but also renewed opportunities in the stock market. Companies related to AI, either direct  ( 42 min )
    Debt ceiling drama, retail earnings, Fed Minutes: What to know this week
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    Can I Use a Roth IRA as an Emergency Fund?
    Building an emergency fund is essential so you don't run into financial trouble if you lose your job or unexpected expense crops up. But keeping your emergency fund in a traditional savings account may not be the best solution. To … Continue reading → The post How to Use a Roth IRA as an Emergency Fund appeared first on SmartAsset Blog.  ( 39 min )
    Which of These 4 Retirement Withdrawal Strategies Is Best For You?
    Withdrawing money the right way matters. We often talk about how to save for retirement. That is, after all, essential business for everyone during their working life. Whether you follow the 60/40 strategy, put your money into real estate or … Continue reading → The post Four Retirement Withdrawal Strategies appeared first on SmartAsset Blog.  ( 40 min )
    Should I Be Using a Cashier's Check or Money Order?
    There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Build a Lucrative Multi-Asset Portfolio?
    Multi-asset strategies are styles of investment that provide for including a variety of different financial assets such as stocks, bonds and cash in a portfolio. Multi-asset strategies can provide greater diversification and less downside risk while also adding income and … Continue reading → The post What Are Multi-Asset Strategies? appeared first on SmartAsset Blog.  ( 39 min )
    Can I Take Out Life Insurance on Anyone?
    You can't buy a life insurance policy for just anyone. Before an insurance company approves your request to take out life insurance on anyone other than yourself, you must obtain the consent of the proposed insured. You also have to … Continue reading → The post Can You Take Out Life Insurance on Anyone? appeared first on SmartAsset Blog.  ( 40 min )
    The Healthcare Plan Most People Should Buy—and Why They Don’t
    Many people choose the wrong plan simply because it all seems too complicated to understand.  ( 26 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 22 min )
    The 34-year-old CEO of P.F. Chang’s wakes up at 4 a.m. and runs 8 miles every day. Here’s the Wall Street wunderkind’s daily routine
    Damola Adamolekun says he doesn’t need work-life balance.  ( 39 min )
    Investors Seek Shelter in Emerging Markets as Recession Risk Hits US
    (Bloomberg) -- Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutSome 61% of the 234 money managers, analysts and traders surveyed said they expect  ( 39 min )
    A US debt default is the wake-up call the world needs
    Interest rates will soar. The stock and bond markets will crash. And the global financial system will be plunged into turmoil as investors flee to any safe asset they can find.  ( 39 min )
    Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock
    The California Public Employees' Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto.  ( 22 min )
    Exxon Joins Hunt for Lithium in Bet on EV Boom
    The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.  ( 27 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Investors Seek Protection in Case of Debt-Ceiling Debacle
    Many are pulling cash from stock funds and seeking safety in Treasurys that don’t mature for several years.  ( 27 min )
    How America’s Largest Restaurant Franchisee Decides When to Raise Prices
    Flynn Restaurant Group harnesses internal and competitor data to take a surgical approach to selling fast food and sit-down meals.  ( 21 min )
    How Bud Light Blew It
    With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm  ( 23 min )
    US Exposure Is Next Headache for Europe Inc. as Dollar Slides
    (Bloomberg) -- Behind the facade of Europe’s forecast-beating company earnings, cracks are appearing as exporters start to feel the pinch from regional exchange rate strength against the dollar.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitThe euro, Swiss franc and sterling a  ( 40 min )
    Analysis-Vodafone's new CEO faces tough calls to reconnect with investors
    When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. Della Valle, an Italian who joined Vodafone in 1994 and had been its chief financial officer since 2018, vowed on Tuesday to cut 11,000 of 90,000 jobs and speed up the delivery of new offers by giving local country bosses greater autonomy.  ( 40 min )
    Sunak’s complacency towards the management of Britain’s accounts is breathtaking
    Rishi Sunak is imposing the biggest tax rise the UK has seen since the 1970s. The Government’s decision to freeze personal tax thresholds for the next five years will drag millions of middle-income earners into the 40pc tax bracket.  ( 40 min )
  • Open

    What Are 409A Plans?
    A 409A plan is a non-qualified deferred compensation plan which involves a compensation that an employee has earned but not received. It's often used as a tax-saving strategy for high earners.  ( 19 min )
    Loan-to-Value (LTV) Ratio: What It Is, How To Calculate, Example
    The loan-to-value (LTV) ratio is a lending risk assessment ratio that financial institutions and other lenders examine before approving a mortgage.  ( 25 min )
    What Is the Difference Between Business Intelligence and Competitive Intelligence?
    Understand the difference between business intelligence and competitive intelligence. Learn why both are important for the success of a company.  ( 21 min )
    How to Buy a Foreclosed Home
    Finding and buying a foreclosed home is easier than it used to be, but you still have to know how to navigate the market.  ( 33 min )
    Interchange
    An interchange is the transfer of information between computers. Within business circles, it typically refers to an electronic data interchange, or EDI.  ( 18 min )
    Trade Resumption Definition
    Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 19 min )
    Solow Residual: Definition, Example, Vs. TFP
    The Solow residual is a measure of an economy's productivity growth. It is also referred to as total factor productivity (TFP).  ( 19 min )
    Net Leverage (Insurance) Definition
    Net leverage is the sum of an insurance company’s net written premiums ratio and its net liability ratio. It is a gauge of the insurer's financial health.  ( 18 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Wrap-Up Insurance: Definition, 2 Main Types, and Coverage Example
    Wrap-up insurance is an all-encompassing liability insurance policy that protects all contractors and subcontractors working on a large project.  ( 23 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
    Net Premium Definition, Calculation, vs. Gross Premium
    Net premium, in the insurance industry, is calculated as the expected present value (PV) of a policy’s benefits minus the expected PV of future premiums.  ( 20 min )
    Probable Maximum Loss: Definition and How to Calculate It
    Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 20 min )
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    6 Tips for Getting Approved for a Mortgage
    If you're in the market for a home, it helps to know what lenders look for so you can adjust your finances accordingly. Here are six tips.  ( 23 min )
    Understanding Lender-Required Flood Insurance
    Flood insurance is required by some mortgage lenders if the property is in a federally designated high-risk flood zone.  ( 26 min )
    Jumbo Loans vs. Conventional Loans: What's the Difference?
    Conventional mortgages are more in line with the needs of the average homebuyer. Jumbo mortgages are for properties with steep price tags.  ( 27 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 17 min )
    A Guide to Private Mortgage Insurance (PMI)
    Private mortgage insurance (PMI) is often required for conventional mortgages with less than a 20% down payment. Learn how PMI is used and how to avoid paying for it.  ( 28 min )
    15-Year vs. 30-Year Mortgage: What's the Difference?
    When choosing between 15-year and 30-year mortgages, remember that longer terms usually mean smaller payments, but higher overall interest costs. Learn more.  ( 26 min )
    Down Payment: What It Is and How Much Is Required
    A down payment is a sum of money, usually a percentage of the cost the buyer pays at the outset of a purchase of a home or car.  ( 24 min )
    What Is Attestation? Definition, How It Works, History, and Example
    Attestation in law is the act of authenticating a formal document by witnessing it being signed and then also signing it to verify its legitimacy.  ( 20 min )
    Business Owner Policy (BOP): Definition, Coverage, Exclusions
    A business owner policy (BOP) combines protection from all major property and liability risks into one package. They typically contain business interruption insurance, property insurance, and liability protection.  ( 20 min )
    How to Become a Day Trader
    How does one become a day trader? We look at the training, tools, equipment, and strategies needed to succeed as a day trader.  ( 24 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 21 min )
    How to Calculate Profit Margin
    Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them to analyze a company's profitability.  ( 28 min )
    Assumable Mortgage: What It Is, How It Works, Types, Pros & Cons
    An assumable mortgage is a type of financing arrangement in which an outstanding mortgage can be transferred from the current owner to a buyer.  ( 27 min )
    Zero Cost Collar: Definition and Example
    A zero cost collar is an options strategy used to lock in a gain by buying an out-of-the-money (OTM) put and selling a same-priced OTM call.  ( 20 min )
  • Open

    Huizenprijzen zijn in april opnieuw gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
    Bang dat je vliegreis wordt geannuleerd? Kies voor een pakketreis
    Honderden vluchten van Transavia zijn al geannuleerd en mogelijk volgen er meer. De Consumentenbond adviseert daarom om voor een pakketreis te kiezen. "Kies voor zoveel mogelijk bescherming."  ( 5 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven te zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
  • Open

    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 1 min )

  • Open

    Mike Rowe's warning to white collar workers: 'The robots are coming' for 'your white collar job'
    'How America Works' host Mike Rowe unpacks how A.I. developments could impact jobs and offers a message to workers in light of white-collar recession fears.  ( 39 min )
    BofA says AI is in a 'baby bubble' that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT
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    Home prices have dropped the most in 11 years with soaring mortgage rates driving away would-be buyers
    US home prices fell nearly 2% year-over-year in April, according to the National Association of Realtors.  ( 37 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile
    You've made it to the end of the week -- congrats, by the way -- and to Week in Review (WiR), TechCrunch's regular newsletter covering the week that was in tech. On May 24, TechCrunch Live, TC's podcast about founder stories, will host Romi Gubes, the co-founder of Sensi.AI, in a discussion about how the company uses audio-based software to monitor patients and assist medical staff and family members with care. Meanwhile, TechCrunch City Spotlight will go virtual on June 7 with a focus on Atlanta, where speakers will present about building businesses in the exploding metro and startups will apply to participate in TC's famed Battlefield 200.  ( 40 min )
    It’s Time to Rethink Love for Cash With Fed Most Likely ‘Done’
    (Bloomberg) -- Wall Street investors sitting on a pile of cash could start considering other opportunities, with the Federal Reserve possibly heading for a pause in interest-rate hikes, according to Tom Kennedy, chief investment strategist for global wealth management at J.P. Morgan. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderTraders Br  ( 41 min )
    Corporate America Hit by Rate-Sticker Shock: Credit Weekly
    (Bloomberg) -- Corporate America is waking up to what higher interest rates really mean.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutCompanies across the credit spectrum are facing sharply higher financing costs after the Federal Reserve raised its benchmark rate for ten consecutive meetings, bringing it to a range of 5% to 5.25% ear  ( 40 min )
    Bond Market Caught Between Fears of US Debt Default, Rate Hikes
    (Bloomberg) -- Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to the rescue with rate cuts this year. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitStock Market Keeps Rallying, Defying Doom ScenariosThe latest shift in  ( 39 min )
    US Inflation Set to Stay Firm in Challenge for the Fed
    (Bloomberg) -- The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal Reserve officials about whether they’ve made enough progress on inflation to step off the monetary-policy brakes.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitM  ( 41 min )
    Warren Buffett swapped shares for cocoa beans in a weird 1950s deal. Billionaire Thomas Pritzker just told his father's side of the story.
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    This investor holds $74 million in Tesla stock. Here's why he's bullish on the future of Elon Musk's EV company.
    No content preview
    'Elon has his mojo back': A top Tesla investor shares the biggest takeaways from the shareholder meeting and why the stock is a must-have in your portfolio now
    No content preview
    Wall Street increasingly doubts Fed can meet 2% inflation target
    (Bloomberg) -- Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderStock Market Keeps Rallying, Defying Doom ScenariosMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownZelenskiy Meets W  ( 40 min )
    These are the most common disruptions seniors face in retirement
    Roughly half of today’s retirees (48%) say their retirement has involved even more surprises and challenges than expected.  ( 40 min )
    A Professor Spent Years Helping His Mother. Now He Needs to Figure Out His Finances.
    A financial adviser weighs in on when he can afford to stop teaching.  ( 27 min )
    Icahn Is No Saint, but Illumina Can Still Use a Flawed Savior
    Despite a short seller’s accusations that his company has inflated its asset prices, Carl Icahn’s effort to shake up Illumina’s board is still very much in the interest of shareholders.  ( 26 min )
    Many married couples are making subpar retirement choices, study finds
    Many married couples are leaving retirement money on the table, according to a new working paper, and those with signs of trouble are most at risk.  ( 39 min )
    Roth 401(k) Contribution Limits For 2023
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    Is It Even Possible to Say I Do to My Partner Without Saying I Do to Wedding Debt, too?
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    How to Save $10,000 in Just 1 Year
    We would all like to save a bit more money. Whether you want a better safety net, need to pay off debt or are saving up for a big purchase, having extra cash on hand is a good thing. It's … Continue reading → The post How to Save $10,000 in a Year appeared first on SmartAsset Blog.  ( 40 min )
    Top 5 China Stocks To Buy And Watch: EV Leaders Show Spark
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    Will I Owe Taxes on My Non-Qualified Annuities?
    Non-qualified annuities have some unusual tax advantages. With these contracts, you invest money using after-tax dollars. The money in the annuity then grows tax-free or technically tax-deferred, until the contract matures. At that point, called the "annuitization," you begin receiving … Continue reading → The post Non-Qualified Annuity Taxation: Guide appeared first on SmartAsset Blog.  ( 40 min )
    How to Financially Support Family Members With Special Needs After You Die
    Ensuring the long-term financial stability of a loved one with special needs can be an exceptionally confusing process. Public programs like Medicaid and Supplemental Security Income (SSI) will provide for them and pay for their services for the rest of … Continue reading → The post Special Needs Trusts Vs. ABLE Accounts appeared first on SmartAsset Blog.  ( 40 min )
    How Much Money Do I Really Need to Retire?
    While there may not be a more common or consequential financial question then "how much money do I need to retire?," there isn't a one-size-fits-all answer. One person's retirement income needs will be different from the next, depending on their … Continue reading → The post How Much Money Do You Need to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Retirement Annuitization vs. Withdrawals: Which Will Cost Me Less?
    Purchasing an annuity can provide you with an additional stream of income for retirement. One thing you'll have to decide is to annuitize payments or opt for lifetime withdrawals. Whether it makes sense to opt for annuitization vs. withdrawal can … Continue reading → The post Annuitization vs. Lifetime Withdrawals for Annuities appeared first on SmartAsset Blog.  ( 40 min )
    Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
    (Bloomberg) -- Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidel  ( 40 min )
    MercadoLibre Leads 5 Stocks Near Buy Points From This Classic Bullish Pattern
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    China’s Wavering Recovery Reverses Copper Rally
    Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.  ( 27 min )
    San Francisco is reportedly investigating Twitter over possible building code violations
    San Francisco authorities have opened a new investigation into Twitter after six former senior employees filed a lawsuit against the company, according to AP and the San Francisco Chronicle.  ( 38 min )
    The ‘dysfunctional’ debt ceiling fight could deal a $12 trillion blow to the American economy if Washington doesn’t get its act together
    There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?  ( 41 min )
    The high-stakes debt ceiling fight could be a $12 trillion blow to the American economy: Here are 3 disasters a default would trigger
    Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?  ( 40 min )
    New York skyscrapers sit empty as Manhattan reels from rise of home working
    Simon Mitchell’s office in Union Square, New York City has had an eerily empty feel since the Covid pandemic. With four in five desks unused in a space with capacity for 300, the marketing manager only goes in when he feels like he might have some company.  ( 41 min )
    Buy Side from WSJ | Best Dividend Stocks of 2023
    Steady investments for an unsteady market  ( 47 min )
    Debt-Ceiling Standoff Could Start a Recession, but Default Would Be Worse
    Economists assess the damage that could occur in three scenarios ranging from a last-minute deal to a lengthy impasse.  ( 27 min )
    Auto Dealers Finally Have Cars to Sell Again
    Some brands are getting heavier on inventory than others as shoppers’ concerns about rising interest rates put a dent in demand.  ( 27 min )
    Memory chip market may be showing signs of bottoming out as China's YMTC leads Samsung, Micron in raising prices
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    AT&T opposes the Starlink and T-Mobile satellite-to-phone service plan
    AT&T has raised concerns that Starlink's and T-Mobile's satellite service, in its current proposed state, could interfere with existing wireless services.  ( 37 min )
    Goldman’s David Solomon: There’s More Banking Consolidation to Come
    The Goldman Sachs CEO sees more challenges for small and midsize institutions as the cost of banking continues to climb.  ( 22 min )
    A $518 Billion Rally Shows Japan Stocks Are All the Rage in 2023
    (Bloomberg) -- Some of the world’s most famed investors and the biggest Wall Street banks are voicing a near consensus that Japan’s stock market is the place to be as its larger peers — the US and China — grapple with rising economic headwinds.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesStock Market Keeps Rallying, Defying  ( 40 min )
  • Open

    FHA Loans vs. Conventional: What’s the Difference?
    FHA loans and conventional loans are both types of mortgages—but an FHA loan is intended for borrowers with lower credit scores and income.  ( 29 min )
    Triangular Arbitrage: Definition and Example
    Triangular arbitrage involves the exchange of a currency in a series of three currency pairs over a short amount of time for a profit.  ( 20 min )
    Reciprocal Insurance Exchange: Definition, How It Works, Example
    Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among themselves.  ( 22 min )
    6 Basic Financial Ratios and What They Reveal
    When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 25 min )
    How Do SPDRs, Vanguard ETFs, and iShares Differ?
    iShares, Vanguard ETFs, and spiders each represent different exchange-traded fund (ETF) families. Learn more about these ETF families and their differences.  ( 19 min )
    No-Appraisal Refinancing: Definition and Eligibility
    No-appraisal refinancing means that a lender does not require an independent assessment of a home’s value to extend a new mortgage.  ( 21 min )
    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 15 min )
    Government National Mortgage Association (Ginnie Mae): History and Programs
    Ginnie Mae is a federal government corporation that links the United States housing market to capital markets, providing low-cost financing for federal housing programs.  ( 21 min )
    Archer MSA Definition
    An Archer MSA is a medical savings account established in the 1990s and named after Texas Congressman Bill Archer.  ( 22 min )
    Budgeting for New Baby: Ongoing & One-Time Expenses
    This little member of your family will be a big expense. Find out what you need to budget for and how to save.  ( 26 min )
    Insurance Risk Class Definition and Associated Premium Costs
    An insurance risk class has similar characteristics, which are used to determine the risks of underwriting a policy and the premium that should be charged.  ( 22 min )
    Top Reasons Banks Won't Cash Your Check
    Cashing a check isn't always easy. Problems can include the age of the check, the amount of the check, and proof of identity of the person cashing it.  ( 22 min )
    Bank Deposits
    Bank deposits are money placed into a deposit account at a banking institution, such as savings accounts, checking accounts, and money market accounts.  ( 23 min )
    Here's How Citadel Star Priyanka Chopra Made Millions
    Hair care, homeware brand and even a custom popcorn flavor are among her brands  ( 20 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 17 min )
    Apple Users Can 'Talk' To ChatGPT Using New App. Here's What You Can Do With It.
    OpenAI's new ChatGPT app for Apple's iOS will allow users to use the chatbot "on the go," give it voice commands and receive ad-free recommendations.  ( 17 min )
    How to Evaluate a Company's Balance Sheet
    A company's balance sheet should be interpreted when considering an investment as it reflects their assets and liabilities at a certain point in time.  ( 26 min )
    How RIAs Can Avoid Discrimination in Hiring
    RIAs that operate their own small businesses may have HR departments with different experience than corporations, and may be more likely to make mistakes.  ( 24 min )
  • Open

    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 1 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 1 min )
  • Open

    Zelfscankassa's en inflatie leiden tot meer gepik in supermarkt
    Klanten van supermarkten namen vorig jaar vaker iets mee zonder te betalen dan in 2021. Supermarkten liepen daardoor gemiddeld 66.300 euro per winkel mis. In 2021 lag dat bedrag ongeveer 20.000 euro lager, blijkt uit onderzoek van retailspecialist Marshoek waar NOS over schrijft.  ( 3 min )
    Waarom boycot rechts Amerika merken zoals Disney?
    Sommige grote Amerikaanse merken en bedrijven worden geboycot door Republikeinen. Volgens rechts-conservatief Amerika zijn bedrijven als Disney te 'woke', omdat ze zich veel met sociale kwesties bezighouden. Wat is er aan de hand?  ( 4 min )
    Adidas verkoopt berg aan Yeezy-spullen, opbrengst deels naar goede doelen
    Adidas begint eind mei met de verkoop van de spullen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye. Volgens het sportmerk gaat "een aanzienlijk deel" van de opbrengsten naar het goede doel.  ( 3 min )
2023-06-18T17:09:53.417Z osmosfeed 1.15.1